Shares of Apollo Commercial Real Estate Finance Inc. (ARI) have surged to $10.15, surpassing the average analyst 12-month target price of $10.00. The movement suggests potential reassessment of valuation from analysts, who could either downgrade or increase the target based on recent company developments.
The average price target is derived from three analysts, with individual targets ranging from $9.50 to $10.50. The standard deviation among these estimates is $0.50. Currently, out of five ratings, 4 are considered “Hold” and 1 is a “Strong Sell,” contributing to an average rating of 3.4 on a scale of 1 (Strong Buy) to 5 (Strong Sell).
