In a report released today, Craig Kucera from B.Riley FBR reiterated a Buy rating on UMH Properties (NYSE: UMH), with a price target of $17. The company’s shares opened today at $15.61, close to its 52-week high of $16.26.
According to TipRanks.com, Kucera is a 4-star analyst with an average return of 6.4% and a 67.1% success rate. Kucera covers the Financial sector, focusing on stocks such as NexPoint Residential Trust Inc, National Retail Properties, and Gladstone Commercial Corp.
UMH Properties has an analyst consensus of Moderate Buy, with a price target consensus of $17.
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The company has a one-year high of $16.26 and a one-year low of $11.38. Currently, UMH Properties has an average volume of 206.6K.
Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of UMH in relation to earlier this year. Most recently, in June 2018, Anna Chew, the CFO of UMH bought 40,000 shares for a total of $392,800.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
UMH Properties, Inc. is a real estate investment trust, which engages in the ownership and operation of manufactured home communities. It also leases manufactured home sites to private manufactured home owners.
