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JMP Securities Sticks to Their Purchase Ranking for Granite Level Mortgage (GPMT) Acquire US

In a report launched right this moment, Steven Delaney from JMP Securities reiterated a Purchase ranking on Granite Level Mortgage (GPMTResearch Report), with a value goal of $9.00. The corporate’s shares closed yesterday at $5.09.

In response to TipRanks, Delaney is a 4-star analyst with a mean return of 8.0% and a 55.56% success price. Delaney covers the Actual Property sector, specializing in shares corresponding to Walker & Dunlop, Redwood, and Starwood Property.

At present, the analyst consensus on Granite Level Mortgage is a Maintain with a mean value goal of $7.25.

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GPMT market cap is at present $276.5M and has a P/E ratio of -3.00.

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Granite Level Mortgage Belief, Inc. operates as an actual property funding belief. It focuses totally on instantly originating, investing in and managing senior business mortgage loans and different debt, corresponding to business actual property investments. The corporate was based on April 7, 2017 and is headquartered in New York, NY.

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