UBS has revised its price target for Starwood Property Trust (STWD, Financial), lowering it from $19.50 to $19. The investment bank maintains a Neutral rating on the company's shares. Analyst Doug Harter has highlighted the ongoing recovery in the commercial real estate sector, which has shown progress after enduring three difficult years. However, recent macroeconomic uncertainties have dampened the optimistic outlook for the speed of this recovery.
UBS notes potential risks to Starwood's book values and earnings in the first quarter due to additional problem assets. While the commercial real estate market is starting to stabilize, these concerns have led the firm to adjust its expectations for the company's financial performance in the near term.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Starwood Property Trust Inc (STWD, Financial) is $22.50 with a high estimate of $25.00 and a low estimate of $19.50. The average target implies an upside of 22.25% from the current price of $18.41. More detailed estimate data can be found on the Starwood Property Trust Inc (STWD) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Starwood Property Trust Inc's (STWD, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Starwood Property Trust Inc (STWD, Financial) in one year is $28.59, suggesting a upside of 55.34% from the current price of $18.405. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Starwood Property Trust Inc (STWD) Summary page.
