UMH Properties – Consensus Indicates Potential 23.7% Upside

Broker Ratings
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UMH Properties found using ticker (UMH) now have 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 31 and 26 calculating the mean target price we have 28.06. Now with the previous closing price of 22.68 this would imply there is a potential upside of 23.7%. The day 50 moving average is 24.55 while the 200 day moving average is 23.25. The market cap for the company is $1,139m. You can visit the company’s website by visiting: https://www.umh.reit

The potential market cap would be $1,409m 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.

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