Ladder Capital Corp Given Average Rating of “Buy” by Analysts (NASDAQ:LADR)
Shares of Ladder Capital Corp (NASDAQ:LADR) have earned a consensus recommendation of “Buy” from the nine analysts that are covering the company, Analyst RN reports. Three research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is $20.54.
Ladder Capital Corp (NASDAQ:LADR) opened at 18.80 on Wednesday. Ladder Capital Corp has a 1-year low of $16.50 and a 1-year high of $19.98. The stock has a 50-day moving average of $18.82 and a 200-day moving average of $18.18. The company has a market cap of $951.2 million and a P/E ratio of 25.13.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Ladder Capital Corp from an “outperform” rating to a “neutral” rating in a research note on Tuesday, July 8th. They now have a $21.00 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Ladder Capital Corp in a research note on Thursday, May 8th. They now have a $21.75 price target on the stock, down previously from $22.25.
Ladder Capital Corp is a commercial real estate finance company with a loan origination platform and an established national footprint.
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