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Ares Commercial Real Estate Corp has a consensus price target of $8.08 based on the ratings of 9 analysts. The high is $13 issued by B of A Securities on October 31, 2022. The low is $6.5 issued by JP Morgan on October 17, 2024. The 3 most-recent analyst ratings were released by JP Morgan, Wells Fargo, and Keefe, Bruyette & Woods on October 17, 2024, September 20, 2024, and May 10, 2024, respectively. With an average price target of $6.83 between JP Morgan, Wells Fargo, and Keefe, Bruyette & Woods, there's an implied 6.27% upside for Ares Commercial Real Estate Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Ares Comml Real Est (NYSE:ACRE) was reported by JMP Securities on December 9, 2024. The analyst firm set a price target for $0.00 expecting ACRE to fall to within 12 months (a possible -100.00% downside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for Ares Comml Real Est (NYSE:ACRE) was provided by JMP Securities, and Ares Comml Real Est reiterated their market perform rating.
There is no last upgrade for Ares Comml Real Est
The last downgrade for Ares Commercial Real Estate Corp happened on September 20, 2024 when Wells Fargo changed their price target from $7.5 to $7 for Ares Commercial Real Estate Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ares Comml Real Est, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ares Comml Real Est was filed on December 9, 2024 so you should expect the next rating to be made available sometime around December 9, 2025.
While ratings are subjective and will change, the latest Ares Comml Real Est (ACRE) rating was a reiterated with a price target of $0.00 to $0.00. The current price Ares Comml Real Est (ACRE) is trading at is $6.43, which is out of the analyst’s predicted range.
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