Apollo Commercial Real Estate F found using ticker (ARI) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 16 and 15.5 calculating the average target price we see 15.75.
Given that the stocks previous close was at 14.93 this now indicates there is a potential upside of 5.5%. The 50 day MA is 14.79 and the 200 moving average now moves to 12.63. The company has a market capitalisation of $2,126m. Company Website: http://www.apolloreit.com
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 income taxes, if the company distributes at least 90% of its REIT taxable income to its stockholders. Apollo Commercial Real Estate Finance was founded in 2009 and is based in New York, New York.
