Ares Commercial Real Estate (ACRE)
(Real Time Quote from BATS)
$7.18 USD
+0.17 (2.43%)
Updated Sep 12, 2024 03:14 PM ET
4-Sell of 5 4
D Value F Growth C Momentum F VGM
Ares Commercial Real Estate (ACRE) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$7.70 | $10.50 | $6.50 | 9.84% |
Price Target
Based on short-term price targets offered by five analysts, the average price target for Ares Commercial Real Estate comes to $7.70. The forecasts range from a low of $6.50 to a high of $10.50. The average price target represents an increase of 9.84% from the last closing price of $7.01.
Analyst Price Targets (5 )
Broker Rating
Ares Commercial Real Estate currently has an average brokerage recommendation (ABR) of 3.13 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 3.13 a month ago based on eight recommendations.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/ACRE.png)
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 | 7 | 7 | 7 | 7 | 7 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 3.13 | 3.13 | 3.13 | 3.13 | 3.13 |
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 |
---|---|---|---|---|
8/7/2024 | JMP Securities | Steven C Delaney | Hold | Hold |
8/7/2024 | Raymond James | Stephen Laws | Hold | Hold |
8/7/2024 | Keefe Bruyette & Woods | Jade J Rahmani | Hold | Hold |
7/19/2024 | BTIG | Thomas W Catherwood | Not Available | Hold |
5/9/2024 | Wells Fargo Securities | Donald Fandetti | Hold | Hold |
12/6/2023 | UBS | Douglas Harter | 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 | 3.13 |
ABR (Last week) | 3.13 |
# of Recs in ABR | 8 |
Average Target Price | $7.70 |
LT Growth Rate | NA |
Industry | REIT and Equity Trust |
Industry Rank by ABR | 84 of 253 |
Current Quarter EPS Est: | 0.11 |
ACRE FAQs
Ares Commercial Real Estate Corporation (ACRE) currently has an average brokerage recommendation (ABR) of 3.13 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 $7.70. 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 $6.5 to a high of $10.5. The average price target represents a increase of $9.84 from the last closing price of $7.01.
The current UPSIDE for Ares Commercial Real Estate Corporation (ACRE) is 9.84%
Based on short-term price targets offered by five analysts, the average price target for Ares Commercial Real Estate comes to $7.70. The forecasts range from a low of $6.50 to a high of $10.50. The average price target represents an increase of 9.84% from the last closing price of $7.01.