Ares Commercial Real Estate (ACRE)
(Real Time Quote from BATS)
$6.16 USD
-0.06 (-0.97%)
Updated Dec 27, 2024 10:08 AM ET
3-Hold of 5 3
D Value F Growth A Momentum D VGM
Ares Commercial Real Estate (ACRE) Price Targets
| Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
|---|---|---|---|
| $7.00 | $7.00 | $7.00 | 12.54% |
Price Target
Based on short-term price targets offered by five analysts, the average price target for Ares Commercial Real Estate comes to $7.00. The forecasts range from a low of $7.00 to a high of $7.00. The average price target represents an increase of 12.54% from the last closing price of $6.22.
Analyst Price Targets (5 )
Find the top stocks with the greatest price target potential and Zacks Rank of 1 or 2
Broker Rating
Ares Commercial Real Estate currently has an average brokerage recommendation (ABR) of 3.38 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by eight brokerage firms. The current ABR compares to an ABR of 3.38 a month ago based on eight recommendations.
Broker Rating Breakdown
Brokerage Recommendations
| Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 6 | 6 | 6 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 |
| ABR | 3.38 | 3.38 | 3.38 | 3.38 | 3.38 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
| Date | Brokerage Firm | Analyst | Previous | Current |
|---|---|---|---|---|
| 12/9/2024 | JMP Securities | Steven C Delaney | Hold | Hold |
| 9/20/2024 | Wells Fargo Securities | Donald Fandetti | Hold | Strong Sell |
| 8/20/2024 | UBS | Douglas Harter | Hold | Hold |
| 8/7/2024 | Keefe Bruyette & Woods | Jade J Rahmani | Hold | Hold |
| 8/7/2024 | Raymond James | Stephen Laws | Hold | Hold |
| 7/19/2024 | BTIG | Thomas W Catherwood | Not Available | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
| Current ABR | 3.38 |
| ABR (Last week) | 3.38 |
| # of Recs in ABR | 8 |
| Average Target Price | $7.00 |
| LT Growth Rate | NA |
| Industry | REIT and Equity Trust |
| Industry Rank by ABR | 79 of 251 |
| Current Quarter EPS Est: | 0.06 |
ACRE FAQs
Ares Commercial Real Estate Corporation (ACRE) currently has an average brokerage recommendation (ABR) of 3.38 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 8 brokerage firms.
The average price target for Ares Commercial Real Estate Corporation (ACRE) is $7.00. The current on short-term price targets is based on 3 reports.
The forecasts for Ares Commercial Real Estate Corporation (ACRE) range from a low of $7 to a high of $7. The average price target represents a increase of $12.54 from the last closing price of $6.22.
The current UPSIDE for Ares Commercial Real Estate Corporation (ACRE) is 12.54%
Based on short-term price targets offered by five analysts, the average price target for Ares Commercial Real Estate comes to $7.00. The forecasts range from a low of $7.00 to a high of $7.00. The average price target represents an increase of 12.54% from the last closing price of $6.22.