In a report issued on March 3, Eric Hagen from BTIG maintained a Hold rating on Great Ajax (AJX – Research Report). The company’s shares closed last Friday at $11.10, close to its 52-week low of $10.83.
According to TipRanks.com, Hagen is a 1-star analyst with an average return of -0.2% and a 51.4% success rate. Hagen covers the Financial sector, focusing on stocks such as Ellington Residential Mortgage, Broadmark Realty Capital, and Kkr Real Estate Finance.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Great Ajax with a $17.00 average price target.
The company has a one-year high of $14.74 and a one-year low of $10.83. Currently, Great Ajax has an average volume of 76.27K.
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Great Ajax Corp. operates as a real estate investment trust. The firm acquires, invests and manages a portfolio of mortgage loans secured by single-family residences and single-family properties. It holds real-estate owned properties acquired upon the foreclosure, other settlement of owned non-performing loans, or that acquires in the market. The company was founded on January 30, 2014 and is headquartered in Beaverton, OR.
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