UMH Properties with ticker code (UMH) now have 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 22 and 19 with the average target price sitting at 20.88. Now with the previous closing price of 17.07 this now indicates there is a potential upside of 22.3%. There is a 50 day moving average of 16.85 and the 200 moving average now moves to 18.41. The market capitalisation for the company is $995m. You can visit the company’s website by visiting: https://www.umh.reit
The potential market cap would be $1,217m based on the market concensus.
UMH Properties, which was organized in 1968, is a public equity REIT that owns and operates 124 manufactured home communities containing approximately 23,400 developed homesites. These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Michigan and Maryland. In addition, the Company owns a portfolio of REIT securities.
