There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Sun Communities (NYSE:SUI) and Ryman (NYSE:RHP) with bullish sentiments.
Sun Communities (SUI)
Robert W. Baird analyst Drew Babin maintained a Buy rating on Sun Communities today and set a price target of $106. The company’s shares closed on Friday at $101.93, close to its 52-week high of $103.74.
According to TipRanks.com, Babin is a 4-star analyst with an average return of 9.5% and a 82.4% success rate. Babin covers the Financial sector, focusing on stocks such as Physicians Realty Trust, Education Realty Trust, and Mid-America Apartment.
Currently, the analyst consensus on Sun Communities is a Strong Buy with an average price target of $105.50, a 3.5% upside from current levels. In a report issued on September 11, BMO Capital also reiterated a Buy rating on the stock.
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Ryman (RHP)
Citigroup analyst Michael Bilerman maintained a Buy rating on Ryman today and set a price target of $98. The company’s shares closed on Friday at $87.85, close to its 52-week high of $90.02.
According to TipRanks.com, Bilerman is a 2-star analyst with an average return of 1.3% and a 55.4% success rate. Bilerman covers the Financial sector, focusing on stocks such as MedEquities Realty Trust, Essex Property Trust, and VICI Properties Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ryman with a $87.67 average price target, implying a -0.2% downside from current levels. In a report issued on September 14, Deutsche Bank also reiterated a Buy rating on the stock with a $94 price target.
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