4 Analysts Assess Claros Mortgage Trust: What You Need To Know
Portfolio Pulse from Benzinga Insights
Claros Mortgage Trust (NYSE:CMTG) has been analyzed by four analysts, revealing a range of perspectives from bullish to bearish. The average 12-month price target has decreased to $9.5 from $10.81. Analysts from Wells Fargo, Keefe, Bruyette & Woods, JP Morgan, and UBS have all lowered their ratings and price targets for CMTG. The company has faced a 17.37% decline in revenue growth and has below-average net margins, ROE, and ROA.
June 11, 2024 | 3:00 pm
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NEGATIVE IMPACT
Claros Mortgage Trust has received lowered ratings and price targets from analysts at Wells Fargo, Keefe, Bruyette & Woods, JP Morgan, and UBS. The average 12-month price target is now $9.5, down from $10.81. The company faces significant revenue and profitability challenges.
The consistent lowering of ratings and price targets by multiple analysts indicates a negative sentiment towards CMTG. The company's significant revenue decline and below-average profitability metrics further support a likely short-term price decline.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100