Raymond James analyst Stephen Laws maintained a Buy rating on Great Ajax (AJX) yesterday and set a price target of $11.50. The company’s shares closed last Tuesday at $9.49.
According to TipRanks.com, Laws is a 4-star analyst with an average return of 7.7% and a 64.0% success rate. Laws covers the Financial sector, focusing on stocks such as NexPoint Real Estate ate Finance, Colony Credit Real Estate, and Broadmark Realty Capital.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Great Ajax with a $11.50 average price target.
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The company has a one-year high of $15.70 and a one-year low of $3.96. Currently, Great Ajax has an average volume of 140.2K.
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Great Ajax Corp. operates as a real estate investment trust. The firm acquires, invests and manages a portfolio of mortgage loans secured by single-family residences and single-family properties. It holds real-estate owned properties acquired upon the foreclosure, other settlement of owned non-performing loans, or that acquires in the market. The company was founded on January 30, 2014 and is headquartered in Beaverton, OR.
