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Analysts at FBR Capital Markets boosted their price objective on shares of Northstar Realty Finance Corp. (NYSE:NRF) from $20.00 to $21.00 in a research report issued to clients and investors on Tuesday. The firm currently has an “outperform” rating on the stock. FBR Capital Markets’ price objective would indicate a potential upside of 13.45% from the stock’s previous close.

Shares of Northstar Realty Finance Corp. (NYSE:NRF) traded up 1.51% on Tuesday, hitting $18.79. The stock had a trading volume of 927,256 shares. Northstar Realty Finance Corp. has a one year low of $8.3358 and a one year high of $18.84. The stock’s 50-day moving average is $17.47 and its 200-day moving average is $16.13. The company’s market cap is $3.718 billion.

Northstar Realty Finance Corp. (NYSE:NRF) last released its earnings data on Thursday, August 7th. The company reported $0.58 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.64 by $0.06. During the same quarter in the prior year, the company posted $0.30 earnings per share. On average, analysts predict that Northstar Realty Finance Corp. will post $1.22 earnings per share for the current fiscal year.

NRF has been the subject of a number of other recent research reports. Analysts at MLV & Co
raised their price target on shares of Northstar Realty Finance Corp. from $22.25 to $24.50 in a research note on Thursday, August 21st. Finally, analysts at JMP Securities reiterated a “market outperform” rating on shares of Northstar Realty Finance Corp. in a research note on Friday, July 25th. They now have a $21.00 price target on the stock, up previously from $15.00. Four research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average target price of $21.30.

NorthStar Realty Finance Corp. is an internally managed real estate finance company. It originates, acquires and manages portfolios of commercial real estate debt, commercial real estate securities and net lease properties.

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