Analysts' Opinions Are Mixed on These Real Estate Stocks: AG Mortgage (MITT) and Redfin (RDFN)
Analysts have been eager to weigh in on the Real Estate sector with new ratings on AG Mortgage (MITT – Research Report) and Redfin (RDFN – Research Report).
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AG Mortgage (MITT)
JonesTrading analyst Jason Weaver reiterated a Buy rating on AG Mortgage today and set a price target of $8.00. The company's shares closed last Tuesday at $6.45.
According to TipRanks.com, Weaver has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -7.6% and a 39.1% success rate. Weaver covers the NA sector, focusing on stocks such as Alpine Income Property Trust Inc, Franklin BSP Realty Trust, and Seven Hills Realty Trust.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AG Mortgage with a $8.38 average price target.
Redfin (RDFN)
In a report released today, Stephen Sheldon from William Blair maintained a Hold rating on Redfin. The company's shares closed last Tuesday at $9.10.
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