UMH Properties with ticker code (UMH) have now 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 28 and 22 with the average target price sitting at 25. Now with the previous closing price of 16.11 this would indicate that there is a potential upside of 55.2%. The 50 day MA is 17.83 while the 200 day moving average is 20.97. The market cap for the company is $879m. You can visit the company’s website by visiting: https://www.umh.reit
The potential market cap would be $1,364m 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.