Monmouth Real Estate Investment found using ticker (MNR) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 21.36 and 19 and has a mean target at 20.31. Now with the previous closing price of 20.91 this is indicating there is a potential downside of -2.9%. The 50 day moving average now sits at 20.81 and the 200 day MA is 19.36. The company has a market capitalisation of $2,060m. You can visit the company’s website by visiting: https://www.mreic.reit
Monmouth Real Estate Investment Corporation, founded in 1968, is one of the oldest public equity REITs in the world. We specialize in single tenant, net-leased industrial properties, subject to long-term leases, primarily to investment-grade tenants. Monmouth Real Estate is a fully integrated and self-managed real estate company, whose property portfolio consists of 121 properties, containing a total of approximately 24.5 million rentable square feet, geographically diversified across 31 states. Our occupancy rate as of this date is 99.7%.
