RAIT Financial Trust (RAS) Reaches $0.31 52 Week Low; 2 Analysts Are Bullish Action Hotels plc (LON:AHCG) Last Week

December 6, 2017 - By Nellie Frank

The stock of RAIT Financial Trust (NYSE:RAS) hit a new 52-week low and has $0.29 target or 6.00% below today’s $0.31 share price. The 7 months bearish chart indicates high risk for the $28.38M company. The 1-year low was reported on Dec, 6 by Barchart.com. If the $0.29 price target is reached, the company will be worth $1.70 million less. The stock decreased 1.65% or $0.005 during the last trading session, reaching $0.305. About 456,332 shares traded. RAIT Financial Trust (NYSE:RAS) has declined 22.26% since December 6, 2016 and is downtrending. It has underperformed by 38.96% the S&P500.

Among 2 analysts covering Action Hotels (LON:AHCG), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Action Hotels had 4 analyst reports since September 8, 2015 according to SRatingsIntel. Investec maintained the stock with “Buy” rating in Tuesday, September 8 report. The firm has “Speculative Buy” rating by Beaufort Securities given on Tuesday, September 19. The firm has “Speculative Buy” rating by Beaufort Securities given on Thursday, August 3. See Action Hotels plc (LON:AHCG) latest ratings:

19/09/2017 Broker: Beaufort Securities Rating: Speculative Buy Maintain
03/08/2017 Broker: Beaufort Securities Rating: Speculative Buy Maintain

Action Hotels plc owns, develops, and operates three and four star economy and midscale hotels in the Middle East and Australia. The company has market cap of 41.49 million GBP. As of August 2, 2017, it operated 13 hotels with 2,276 rooms. It currently has negative earnings. The firm was founded in 2005 and is headquartered in Dubai, the United Arab Emirates.

The stock decreased 3.93% or GBX 1.15 during the last trading session, reaching GBX 28.1. About 5,500 shares traded. Action Hotels plc (LON:AHCG) has 0.00% since December 6, 2016 and is . It has underperformed by 16.70% the S&P500.

Analysts await RAIT Financial Trust (NYSE:RAS) to report earnings on February, 23. They expect $0.02 EPS, down 71.43% or $0.05 from last year’s $0.07 per share. RAS’s profit will be $1.86M for 3.81 P/E if the $0.02 EPS becomes a reality. After $-0.01 actual EPS reported by RAIT Financial Trust for the previous quarter, Wall Street now forecasts -300.00% EPS growth.

Among 7 analysts covering RAIT Financial Trust (NYSE:RAS), 1 have Buy rating, 1 Sell and 5 Hold. Therefore 14% are positive. RAIT Financial Trust had 13 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Hold” rating by Deutsche Bank given on Thursday, March 2. JMP Securities downgraded the stock to “Mkt Perform” rating in Wednesday, December 9 report. The rating was downgraded by JMP Securities to “Market Underperform” on Wednesday, August 9. The firm has “Hold” rating by FBR Capital given on Tuesday, August 15. The firm has “Buy” rating by Ladenburg Thalmann given on Monday, August 3. FBR Capital initiated the shares of RAS in report on Friday, January 22 with “Outperform” rating. The stock of RAIT Financial Trust (NYSE:RAS) earned “Hold” rating by Deutsche Bank on Tuesday, August 15. The rating was downgraded by Compass Point on Thursday, December 10 to “Neutral”. As per Monday, March 14, the company rating was maintained by Deutsche Bank. The firm earned “Outperform” rating on Friday, February 26 by FBR Capital.

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