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Compass Point began coverage on shares of Starwood Property Trust (NASDAQ:STWD) in a research note issued on Wednesday, reports. The firm set a “buy” rating and a $34.50 price target on the stock. Compass Point’s price target would suggest a potential upside of 18.39% from the stock’s previous close. The analysts noted that the move was a valuation call.

Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Starwood Property Trust from $30.00 to $33.00 in a research note to investors on Tuesday, January 14th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $31.14.

Shares of Starwood Property Trust (NASDAQ:STWD) traded up 1.66% on Wednesday, hitting $29.625. 1,223,015 shares of the company’s stock traded hands. Starwood Property Trust has a 52 week low of $22.75 and a 52 week high of $29.30. The stock has a 50-day moving average of $27.94 and a 200-day moving average of $25.87. The company has a market cap of $5.784 billion and a P/E ratio of 16.35.

Starwood Property Trust (NASDAQ:STWD) last announced its earnings results on Thursday, November 7th. The company reported $0.61 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.54 by $0.07. The company had revenue of $192.20 million for the quarter, compared to the consensus estimate of $91.00 million. During the same quarter in the prior year, the company posted $0.50 earnings per share.

Starwood Property Trust, Inc, is a holding company and conducts its business through its subsidiaries.

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