BRT Apartments Corp. (MD) with ticker code (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. Given that the stocks previous close was at $18.57 this is indicating there is a potential upside of 38.7%. There is a 50 day moving average of $19.85 and the 200 moving average now moves to $21.04. The total market capitalization for the company now stands at $355m. Find out more information at: https://www.brtapartments.com
The potential market cap would be $493m 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 5.39% 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.
