STARWOOD PROPERTY TRUST (STWD) has an average broker rating of 1.5, which is interpreted as a Strong Buy, as rated by 6 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
STARWOOD PROPERTY TRUST (STWD) : The most positive equity analysts on STARWOOD PROPERTY TRUST (STWD) expects the shares to touch $28, whereas, the least positive believes that the stock will trade at $22 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $24.3 with an expected fluctuation of $2.44 from the mean.
STARWOOD PROPERTY TRUST (NYSE:STWD): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.52 and $20.25 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $20.67. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.65, notching a gain of 0.44% for the day. The total traded volume was 2,901,545 . The stock had closed at $20.56 on the previous day.
Also, Brokerage firm JMP Securities maintains its rating on STARWOOD PROPERTY TRUST (NYSE:STWD). As per the latest information, the brokerage house raises the price target to $23 per share from a prior target of $21. The shares have been rated Market Outperform. The rating by the firm was issued on May 12, 2016. The company shares have dropped -6.67% from its 1 Year high price. On Aug 17, 2015, the shares registered one year high at $22.74 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $20.56 and the 200 Day Moving Average price is recorded at $19.38.
Starwood Property Trust, Inc. is a holding company that operates as a real estate investment trust (REIT). The Company, through its subsidiaries, focuses on originating, acquiring, financing and managing commercial mortgage loans, commercial mortgage-backed securities (CMBS), and other commercial real estate-related debt investments in the United States and Europe. The Company operates through two segments: Lending Segment, and Investing and Servicing Segment. The Companys Lending Segment represents investments in real estate-related loans and securities that are held-for-investment. The Investing and Servicing Segment includes servicing businesses in the United States and Europe, an investment business that acquires and manages real estate finance investments, and a mortgage loan business. The Company is externally managed and advised by SPT Management, LLC, an affiliate of Starwood Capital Group.