Sun Communities – Consensus Indicates Potential 22.3% Upside

Broker Ratings
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Sun Communities with ticker code (SUI) have now 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 220 and 174 calculating the mean target price we have 196.18. Given that the stocks previous close was at 160.36 this would imply there is a potential upside of 22.3%. The 50 day MA is 159.49 and the 200 moving average now moves to 181.87. The market cap for the company is $19,931m. Company Website: https://www.suncommunities.com

The potential market cap would be $24,383m based on the market concensus.

Sun Communities is a REIT that, as of March 31, 2022, owned, operated, or had an interest in a portfolio of 603 developed MH, RV and marina properties comprising nearly 159,300 developed sites and over 45,700 wet slips and dry storage spaces in 39 states, Canada, Puerto Rico and the UK.

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