Starwood Property Trust Receives New Coverage from Analysts at Evercore Partners (STWD)
Equities researchers at Evercore Partners initiated coverage on shares of Starwood Property Trust (NASDAQ:STWD) in a research report issued on Friday, TheFlyOnTheWall.com reports. The firm set an “overweight” rating on the stock.
Shares of Starwood Property Trust (NASDAQ:STWD) opened at 23.84 on Friday. Starwood Property Trust has a one year low of $18.3438 and a one year high of $24.7299. The stock has a 50-day moving average of $23.21 and a 200-day moving average of $21.19. The company has a market cap of $4.655 billion and a P/E ratio of 13.47.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank initiated coverage on shares of Starwood Property Trust in a research note to investors on Tuesday. They set a “buy” rating and a $25.50 price target on the stock. Separately, analysts at Compass Point initiated coverage on shares of Starwood Property Trust in a research note to investors on Wednesday, January 22nd. They set a “buy” rating and a $34.50 price target on the stock. They noted that the move was a valuation call. Finally, 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 analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Starwood Property Trust has a consensus rating of “Buy” and an average price target of $30.75.
Starwood Property Trust, Inc, is a holding company and conducts its business through its subsidiaries.
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