Starwood Property Trust PT Raised to $26.25 at Deutsche Bank (STWD)
Stock analysts at Deutsche Bank increased their price target on shares of Starwood Property Trust (NASDAQ:STWD) from $25.50 to $26.25 in a report issued on Thursday, AnalystRatings.Net reports. Deutsche Bank’s price objective suggests a potential upside of 9.97% from the company’s current price.
Shares of Starwood Property Trust (NASDAQ:STWD) traded down 0.46% during mid-day trading on Thursday, hitting $23.76. 2,269,362 shares of the company’s stock traded hands. Starwood Property Trust has a one year low of $18.3438 and a one year high of $24.7299. The stock’s 50-day moving average is $23.8 and its 200-day moving average is $21.5. The company has a market cap of $4.639 billion and a price-to-earnings ratio of 13.40.
Starwood Property Trust (NASDAQ:STWD) last announced its earnings results on Wednesday, February 26th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.07. The company had revenue of $187.90 million for the quarter, compared to the consensus estimate of $50.75 million. During the same quarter in the previous year, the company posted $0.48 earnings per share. The company’s revenue for the quarter was up 151.5% on a year-over-year basis.
A number of other firms have also recently commented on STWD. Analysts at Evercore Partners initiated coverage on shares of Starwood Property Trust in a research note on Friday, February 7th. They set an “overweight” rating on the stock. Separately, analysts at Compass Point initiated coverage on shares of Starwood Property Trust in a research note 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 on Tuesday, January 14th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $29.92.
Starwood Property Trust, Inc, is a holding company and conducts its business through its subsidiaries.
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