Zacks Rating on RAIT Financial Trust (RAS)

RAIT Financial Trust (RAS) : 3 brokerage houses believe that RAIT Financial Trust (RAS) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on RAIT Financial Trust (RAS). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 4 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.5.

RAIT Financial Trust (RAS) : The consensus price target for RAIT Financial Trust (RAS) is $3.53 for the short term with a standard deviation of $0.26. The most optimist securities analyst among the 3 who monitor the stock believes that the stock can reach $4, however, the pessimist price target for the company is $3.


Shares of RAIT Financial Trust appreciated by 2.35% during the last five trading days but lost 3.79% on a 4-week basis. RAIT Financial Trust has dropped 3.65% during the last 3-month period . Year-to-Date the stock performance stands at 24.03%. RAIT Financial Trust (NYSE:RAS): On Tuesdays trading session , Opening price of the stock was $3.04 with an intraday high of $3.12. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $3.04. However, the stock managed to close at $3.05, a loss of 0.33% for the day. On the previous day, the stock had closed at $3.06. The total traded volume of the day was 362,636 shares.

RAIT Financial Trust (RAIT) is a self-managed and self-advised real estate investment trust (REIT). RAIT uses its vertically integrated platform and relationships to originate commercial real estate loans, acquire commercial real estate properties and invest in, manage and service commercial real estate assets. The Company operates through the following segments: real estate lending, owning and managing, and Independence Realty Trust (IRT). The Companys real estate lending, owning and managing segment concentrates on lending, owning and managing commercial real estate assets throughout the United States. The Companys investment may range from first mortgage loans to equity ownership of a commercial real estate property. The Company manages its investments in-house through its asset management and property management professionals.

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