$11.75
▲ +11.06% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Great Ajax in the last 3 months. The average price target is $11.75, with a high forecast of $12.00 and a low forecast of $11.50. The average price target represents a 11.06% upside from the last price of $10.58.
The current consensus among 3 polled investment analysts is to buy stock in Great Ajax. This rating has held steady since April 2019, when it changed from a Hold consensus rating.
Great Ajax Corp., real estate company, acquires, invests in, and manages a portfolio of residential mortgage and small balance commercial mortgage loans. The company also holds real estate-owned properties acquired upon the foreclosure or other settlement of its non-performing loans, as well as through outright purchases. In addition, it provides loans secured by multi-family residential and smaller commercial mixed-use retail/residential properties; and invests in multi-family residential and smaller commercial mixed use retail/residential properties. The company elected to be taxed as a real estate investment trust for U.S. federal income tax purposes. It generally would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. Great Ajax Corp. was founded in 2014 and is based in Beaverton, Oregon.
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