Chimera Investment Corporation found using ticker (CIM) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 9 and 5.5 and has a mean target at 7.25. Now with the previous closing price of 6.66 this would indicate that there is a potential upside of 8.9%. The 50 day MA is 6.25 and the 200 moving average now moves to 8.87. The market capitalisation for the company is $1,495m. Visit the company website at: https://www.chimerareit.com
The potential market cap would be $1,627m based on the market concensus.
Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of residential, commercial mortgage loans, and other real estate related securities. It has elected to be taxed as a REIT. In addition, the company invests in investment, non-investment grade, and non-rated classes. The company was incorporated in 2007 and is based in New York, New York.
