Published On: Mon, May 9th, 2016
Uncategorized | By Sylvia Delisle

Analyst Coverage: Ares Commercial Real Estate Corporation (NYSE:ACRE)


Recently stock market analysts have updated their consensus ratings on shares of Ares Commercial Real Estate Corporation (NYSE:ACRE). The latest broker reports which are currently outstanding on Monday 9th of May state 0 analysts have a rating of “strong buy”, 0 analysts “buy”, 0 analysts “neutral”, 0 analysts “sell” and 0 analysts “strong sell”.

Most recent broker ratings

03/02/2016 – Ares Commercial Real Estate Corporation had its “outperform” rating reiterated by analysts at FBR Capital Markets. They now have a USD 13 price target on the stock.

11/06/2015 – Ares Commercial Real Estate Corporation had its “market perform” rating reiterated by analysts at Keefe, Bruyette & Woods. They now have a USD 13.5 price target on the stock.

05/08/2015 – Ares Commercial Real Estate Corporation was upgraded to “buy” by analysts at Zacks. They now have a USD 13 price target on the stock.

03/09/2015 – Ares Commercial Real Estate Corporation had its “market outperform” rating reiterated by analysts at JMP Securities. They now have a USD 13.5 price target on the stock.

02/04/2015 – Credit Suisse began new coverage on Ares Commercial Real Estate Corporation giving the company a “neutral” rating. They now have a USD 13.5 price target on the stock.

01/14/2015 – Ares Commercial Real Estate Corporation had its “buy” rating reiterated by analysts at Citigroup. They now have a USD 13 price target on the stock.

03/19/2014 – Ares Commercial Real Estate Corporation was downgraded to “sell” by analysts at TheStreet.

Ares Commercial Real Estate Corporation has a 50 day moving average of 11.40 and a 200 day moving average of 11.36. The stock’s market capitalization is 330.22M, it has a 52-week low of 8.91 and a 52-week high of 13.18.

The share price of the company (NYSE:ACRE) was up +3.02%, with a high of 11.74during the day and the volume of Ares Commercial Real Estate Corporation shares traded was 157869.

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