Goldman Sachs Initiates Colony Capital At Buy

Analysts at Goldman Sachs initiated coverage on

with a Buy rating. The target price for Colony Capital is set to $29. Colony Capital shares have gained 20.88 percent over the past 52 weeks, while the S&P 500 index has surged 12.21 percent in the same period. Colony Capital's shares climbed 1.24 percent to close at $26.23 yesterday.