Short Term Rating on NorthStar Asset Management Group (NSAM)

NorthStar Asset Management Group (NSAM) : The consensus on NorthStar Asset Management Group (NSAM) based on 3 analyst recommendation on the company stock is 1.33, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future.

NorthStar Asset Management Group (NSAM) has been rated by 2 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $20 and the lowest price target forecast is $15. The average forecast of all the analysts is $17.5 and the expected standard deviation is $3.54.

For the current week, the company shares have a recommendation consensus of Buy.


NorthStar Asset Management Group (NYSE:NSAM): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.05 and $11.02 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.12, notching a gain of 1.46% for the day. The total traded volume was 1,623,708 . The stock had closed at $10.96 on the previous day.

Northstar Asset Management Group Inc. is an asset management company. The Company is focused on managing real estate and other investment platforms in the United States and internationally. The Company owns NorthStar Realty Securities, LLC (NorthStar Securities), which is a captive broker-dealer platform and raises capital in the retail market for its sponsored companies. The Companys sponsored companies include NorthStar Real Estate Income Trust, Inc. (NorthStar Income); NorthStar Healthcare Income, Inc. (North Star Healthcare); NorthStar/RXR New York Metro Income, Inc. ( NorthStar/RXR New York Metro), and NorthStar Corporate Income, Inc. (NorthStar Corporate). The Company also leases its offices in New York; Denver, Colorado; Dallas, Texas; Bethesda, Maryland; London, United Kingdom; Senningerberg, Luxembourg, Los Angeles, California, and Pembroke, Bermuda.

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