Cherry Hill Mortgage Investment Corp Now Covered by Analysts at FBR Capital Markets (CHMI)
Equities research analysts at FBR Capital Markets started coverage on shares of Cherry Hill Mortgage Investment Corp (NASDAQ:CHMI) in a research note issued to investors on Tuesday, Analyst RN reports. The firm set an “outperform” rating and a $20.00 price target on the stock. FBR Capital Markets’ price target suggests a potential upside of 11.98% from the stock’s previous close.
Shares of Cherry Hill Mortgage Investment Corp (NASDAQ:CHMI) traded down 0.50% on Tuesday, hitting $17.86. The stock had a trading volume of 43,310 shares. The stock’s 50-day moving average is $0. and its 200-day moving average is $0.. The company’s market cap is $134.0 million.
A number of other analysts have also recently weighed in on CHMI. Analysts at Citigroup Inc. initiated coverage on shares of Cherry Hill Mortgage Investment Corp in a research note to investors on Tuesday. They set a “buy” rating on the stock. Analysts at Barclays initiated coverage on shares of Cherry Hill Mortgage Investment Corp in a research note to investors on Tuesday. They set an “overweight” rating and a $22.00 price target on the stock. They noted that the move was a valuation call. Five analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and an average target price of $21.00.
Cherry Hill Mortgage Investment Corporation is a residential real estate finance company. The Company focuses to acquire, invest in and manage residential mortgage assets in the United States.
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