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 30 and 22 with the average target price sitting at 26.94. With the stocks previous close at 19.63 this would imply there is a potential upside of 37.2%. The day 50 moving average is 22.64 and the 200 day MA is 23.63. The company has a market cap of $1,091m. You can visit the company’s website by visiting: https://www.umh.reit
The potential market cap would be $1,497m 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.
