istar Financial Receives a Hold from KBW

By Carrie Williams

KBW analyst Jade Rahmani reiterated a Hold rating on istar Financial (NYSE: STAR) on August 29 and set a price target of $14. The company’s shares closed yesterday at $11.61.

According to TipRanks.com, Rahmani is a 4-star analyst with an average return of 9.0% and a 65.7% success rate. Rahmani covers the Financial sector, focusing on stocks such as Kkr Real Estate ate Finance Trust Inc, Starwood Property Trust, and Jones Lang Lasalle Inc.

istar Financial has an analyst consensus of Hold, with a price target consensus of $14.

The company has a one year high of $12.83 and a one year low of $10.19. Currently, istar Financial has an average volume of 352.8K.

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iStar, Inc. is a real estate investment trust company, which engages in financing, investing, and development of real estate and related projects. It operates through the following segments: Real Estate Finance, Net Lease, Operating Properties, Land and Development, and Corporate/Others.