The positive analyst ratings for Great Ajax (NYSE:AJX) indicate that analysts are optimistic about the stock's performance in the short term. The average price target of $10.3 is significantly higher than the current price of $5.54, suggesting potential upside for the stock. The 12.71% decrease in the average price target from the previous target of $11.80 may be a result of updated information or changing market conditions, but the overall sentiment remains positive.