Wells Fargo Reaffirms Their Buy Rating on Starwood Property (STWD)


Wells Fargo analyst Donald Fandetti maintained a Buy rating on Starwood Property (STWD) on December 6. The company’s shares closed last Monday at $24.81, close to its 52-week high of $24.96.

According to TipRanks.com, Fandetti is a 4-star analyst with an average return of 10.1% and a 69.5% success rate. Fandetti covers the Financial sector, focusing on stocks such as Discover Financial Services, American Express, and Mastercard.

Currently, the analyst consensus on Starwood Property is a Strong Buy with an average price target of $25.83, implying a 4.2% upside from current levels. In a report issued on November 26, JMP Securities also maintained a Buy rating on the stock with a $26.00 price target.

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Starwood Property’s market cap is currently $6.99B and has a P/E ratio of 16.34. The company has a Price to Book ratio of 1.50.

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of STWD in relation to earlier this year.

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.

Starwood Property Trust, Inc. engages in originating, acquiring, financing, and managing commercial mortgage loans and other commercial real estate debt and equity investments. It operates through the following segments: Real Estate Commercial and Residential Lending; Real Estate Property; Infrastructure Lending; and Real Estate Investing and Servicing.

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