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Chicago Atlantic Real Estate Finance Inc has a consensus price target of $17.2 based on the ratings of 6 analysts. The high is $20 issued by JMP Securities on March 13, 2024. The low is $16 issued by Compass Point on September 5, 2023. The 3 most-recent analyst ratings were released by JMP Securities, Compass Point, and Piper Sandler on March 13, 2024, September 5, 2023, and September 1, 2023, respectively. With an average price target of $17.33 between JMP Securities, Compass Point, and Piper Sandler, there's an implied 10.05% upside for Chicago Atlantic Real Estate Finance Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Chicago Atlantic Real (NASDAQ:REFI) was reported by Zuanic & Associates on April 11, 2024. The analyst firm set a price target for $0.00 expecting REFI to fall to within 12 months (a possible -100.00% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Chicago Atlantic Real (NASDAQ:REFI) was provided by Zuanic & Associates, and Chicago Atlantic Real initiated their overweight rating.
There is no last upgrade for Chicago Atlantic Real
The last downgrade for Chicago Atlantic Real Estate Finance Inc happened on September 5, 2023 when Compass Point changed their price target from N/A to $16 for Chicago Atlantic Real Estate Finance Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Chicago Atlantic Real, 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 Chicago Atlantic Real was filed on April 11, 2024 so you should expect the next rating to be made available sometime around April 11, 2025.
While ratings are subjective and will change, the latest Chicago Atlantic Real (REFI) rating was a initiated with a price target of $0.00 to $0.00. The current price Chicago Atlantic Real (REFI) is trading at is $15.75, which is out of the analyst’s predicted range.
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