Manhattan Bridge Capital Inc (LOAN) Gets a Buy Rating from Maxim Group


In a report issued on July 2, Michael Diana from Maxim Group maintained a Buy rating on Manhattan Bridge Capital Inc (LOAN), with a price target of $7.50. The company’s shares closed yesterday at $6.45.

According to TipRanks.com, Diana is a 5-star analyst with an average return of 6.4% and a 58.0% success rate. Diana covers the Financial sector, focusing on stocks such as First Savings Financial Group, Arlington Asset Investment, and Westamerica Bancorporation.

Currently, the analyst consensus on Manhattan Bridge Capital Inc is a Moderate Buy with an average price target of $7.50.

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The company has a one-year high of $7.95 and a one-year low of $5.34. Currently, Manhattan Bridge Capital Inc has an average volume of 20.67K.

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Manhattan Bridge Capital, Inc. engages in originating, servicing, and managing a portfolio of first mortgage loans. It offers short-term, secured, non-banking loans to real estate investors to fund their acquisition and construction of properties located in the New York Metropolitan area.

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