Tremont Mortgage Trust (TRMT) Receiving Somewhat Favorable News Coverage, Report Shows
Media coverage about Tremont Mortgage Trust (NASDAQ:TRMT) has been trending somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tremont Mortgage Trust earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave news stories about the company an impact score of 43.9774597347307 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
A number of analysts have issued reports on the company. Citigroup Inc. assumed coverage on Tremont Mortgage Trust in a report on Monday, October 9th. They issued a “neutral” rating and a $17.00 target price on the stock. UBS AG assumed coverage on Tremont Mortgage Trust in a report on Tuesday, October 10th. They issued a “buy” rating and a $21.00 target price on the stock.
Shares of Tremont Mortgage Trust (NASDAQ TRMT) remained flat at $$20.00 during mid-day trading on Tuesday.
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Tremont Mortgage Trust Company Profile
Tremont Mortgage Trust is a real estate investment trust. The Company is focused primarily on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate (CRE). Its investments also include subordinated mortgages, mezzanine loans and preferred equity interests in entities that own middle market and transitional CRE.
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