Apollo Commercial Real Estate F with ticker code (ARI) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 16 and 13 with the average target price sitting at 14.67. With the stocks previous close at 13.93 this would imply there is a potential upside of 5.3%. The 50 day MA is 13.35 while the 200 day moving average is 14.61. The company has a market capitalisation of $1,954m. Visit the company website at: https://www.apolloreit.com
The potential market cap would be $2,057m based on the market concensus.
Apollo Commercial Real Estate Finance operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal ome taxes, if the company distributes at least 90% of its REIT taxable ome to its stockholders. Apollo Commercial Real Estate Finance was founded in 2009 and is based in New York, New York.
