In a report released today, Steven Delaney from JMP Securities reiterated a Buy rating on Arbor Realty Trust (NYSE: ABR), with a price target of $12. The company’s shares closed yesterday at $11.44, close to its 52-week high of $11.81.
Delaney has an average return of 16.1% when recommending Arbor Realty Trust.
According to TipRanks.com, Delaney is ranked #585 out of 4857 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Arbor Realty Trust with a $11.63 average price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $11.81 and a one-year low of $7.88. Currently, Arbor Realty Trust has an average volume of 1.73M.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Arbor Realty Trust, Inc. is a real estate investment trust, which engages in the provision of loan origination and servicing for multifamily, seniors housing, healthcare, and diverse commercial real estate assets. It operates through the Structured Business and Agency Business segments.
