B.Riley FBR Believes NorthStar Realty Europe Corp (NRE) Still Has Room to Grow


B.Riley FBR analyst Bryan Maher reiterated a Buy rating on NorthStar Realty Europe Corp (NYSE: NRE) today and set a price target of $18. The company’s shares opened today at $14.13, close to its 52-week high of $14.81.

According to TipRanks.com, Maher is a 3-star analyst with an average return of 3.5% and a 63.2% success rate. Maher covers the Financial sector, focusing on stocks such as Industrial Logistics Properties Trust, Government Properties Income Trust, and Senior Housing Properties Trust.

Currently, the analyst consensus on NorthStar Realty Europe Corp is a Moderate Buy with an average price target of $18.

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The company has a one-year high of $14.81 and a one-year low of $10.08. Currently, NorthStar Realty Europe Corp has an average volume of 362.4K.

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NorthStar Realty Europe Corp. is a real estate investment trust focused on prime office properties. It operates through the following business segments: Real Estate Equity, Preferred Equity, and Corporate. The Real Estate Equity segment focuses on European prime office properties located in key cities within Germany, the United Kingdom and France.

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