Share on StockTwits
 

ZAIS Financial Corp. (NYSE:ZFC) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Monday, AmericanBankingNews.com reports. The firm currently has a $17.20 price target on the stock. Zacks‘ price target would suggest a potential upside of 2.69% from the company’s current price.

ZAIS Financial Corp. (NYSE:ZFC) traded up 0.36% during mid-day trading on Monday, hitting $16.75. The stock had a trading volume of 21,310 shares. ZAIS Financial Corp. has a 1-year low of $15.51 and a 1-year high of $21.00. The stock has a 50-day moving average of $16.55 and a 200-day moving average of $16.98. The company has a market cap of $133.5 million and a price-to-earnings ratio of 228.63.

ZAIS Financial Corp. (NYSE:ZFC) last issued its quarterly earnings data on Tuesday, November 12th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by $0.14.

Separately, analysts at Oppenheimer upgraded shares of ZAIS Financial Corp. from a “market perform” rating to an “outperform” rating in a research note to investors on Monday, January 13th. They now have a $19.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $19.81.

ZAIS Financial Corp. is a real estate investment trust (NYSE:ZFC).

To view Zacks’ full report, visit www.zacks.com

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.