While this happened, Alliance Global Partners initiated its BrightSpire Capital Inc [BRSP] rating to a Buy in a research note published on January 17, 2025; the price target was $7.25. Raymond James also remained covering BRSP and has decreased its forecast on May 03, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. BofA Securities revised its rating on March 04, 2024. It rated BRSP as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of BRSP
On Tuesday, BrightSpire Capital Inc [NYSE:BRSP] saw its stock fall -3.60% to $5.09. Over the last five days, the stock has gained 0.79%. BrightSpire Capital Inc shares have fallen nearly -9.75% since the year began. Nevertheless, the stocks have fallen -13.94% over the past one year. While a 52-week high of $6.58 was reached on 03/03/25, a 52-week low of $4.16 was recorded on 04/11/25. SMA at 50 days reached $5.40, while 200 days put it at $5.73.
Levels Of Support And Resistance For BRSP Stock
The 24-hour chart illustrates a support level at 5.04, which if violated will result in even more drops to 4.99. On the upside, there is a resistance level at 5.19. A further resistance level may holdings at 5.30. The Relative Strength Index (RSI) on the 14-day chart is 52.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 21.31%. Stochastics %K at 90.71% indicates the stock is a selling.
The most recent change occurred on November 15, 2023 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $6 price target.
