UMH Properties with ticker code (UMH) now have 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 22 and 19 with the average target price sitting at 20.88. Given that the stocks previous close was at 16.67 this indicates there is a potential upside of 25.3%. The day 50 moving average is 16.91 while the 200 day moving average is 18.59. The market capitalisation for the company is $967m. Find out more information at: https://www.umh.reit
The potential market cap would be $1,211m 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.
