Colliers Securities analyst David Toti maintained a Hold rating on American Finance (NASDAQ:AFIN) Trust Inc on Wednesday, setting a price target of $10, which is approximately 17.51% above the present share price of $8.51.
Toti expects American Finance Trust Inc to post earnings per share (EPS) of -$0.07 for the third quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Hold rating of shares in American Finance, with an average price target of $10.
The analysts price targets range from a high of $10 to a low of $10.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $81.58 million and a net profit of $19.08 million. The company's market cap is $1 billion.
According to TipRanks.com, Colliers Securities analyst David Toti is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 2.9% and a 63.33% success rate.
American Finance Trust, Inc. is a real estate investment trust, which engages in the acquiring and managing a portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties. It operates through income-producing properties segment, which consists of activities related to investing in real estate. The company was founded on January 22, 2013 and is headquartered in New York, NY.