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Blackstone Mortgage Trust Inc has a consensus price target of $20.56 based on the ratings of 10 analysts. The high is $23 issued by BTIG on July 19, 2024. The low is $17.5 issued by JP Morgan on April 25, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Wells Fargo, and BTIG on September 20, 2024, July 25, 2024, and July 19, 2024, respectively. With an average price target of $21.33 between Wells Fargo, Wells Fargo, and BTIG, there's an implied 18.19% upside for Blackstone Mortgage Trust Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Blackstone Mortgage Trust (NYSE:BXMT) was reported by Wells Fargo on September 20, 2024. The analyst firm set a price target for $22.00 expecting BXMT to rise to within 12 months (a possible 21.88% upside). 17 analyst firms have reported ratings in the last year.
The latest analyst rating for Blackstone Mortgage Trust (NYSE:BXMT) was provided by Wells Fargo, and Blackstone Mortgage Trust maintained their overweight rating.
There is no last upgrade for Blackstone Mortgage Trust
The last downgrade for Blackstone Mortgage Trust Inc happened on March 4, 2024 when B of A Securities changed their price target from $22 to $21 for Blackstone Mortgage Trust Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Blackstone Mortgage Trust, 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 Blackstone Mortgage Trust was filed on September 20, 2024 so you should expect the next rating to be made available sometime around September 20, 2025.
While ratings are subjective and will change, the latest Blackstone Mortgage Trust (BXMT) rating was a maintained with a price target of $19.00 to $22.00. The current price Blackstone Mortgage Trust (BXMT) is trading at is $18.05, which is out of the analyst’s predicted range.
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