BRT Apartments Corp. (MD) which can be found using ticker (BRT) now have 4 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 28 and 23 suggesting an average Analsyt target price of $25.75. Now with the previous closing price of $18.60 this would imply there is now a potential upside of 38.4%. The 50 day moving average now sits at $19.90 and the 200 moving average now moves to $21.05. The company has a market cap of $356m. Visit the company website at: https://www.brtapartments.com
The potential market cap would be $492m based on the market consensus.
BRT is a real estate investment trust that owns, operates and, to a lesser extent, holds interests in joint ventures that own multi-family properties. As of December 31, 2022, BRT owns or has interests in 29 multi-family properties with 8,201 units in 11 states.
The company has a dividend yield of 5.38% with the ex dividend date set at 24-3-2023 (DMY).
Other points of data to note are a P/E ratio of 6.98, revenue per share of 4.07 and a 0.34% return on assets.
