BMO Capital analyst Jeremy Metz maintained a Hold rating on Monmouth Real Estate ate (NYSE: MNR) on August 1 and set a price target of $17. The company’s shares opened today at $16.81.
According to TipRanks.com, Metz is a 1-star analyst with an average return of 0.0% and a 56.8% success rate. Metz covers the Financial sector, focusing on stocks such as National Storage Affiliates Trust, General Growth Properties Inc, and DCT Industrial Trust Inc.
Monmouth Real Estate ate has an analyst consensus of Moderate Buy, with a price target consensus of $17.67, representing a 5.1% upside. In a report issued on August 3, B.Riley FBR also maintained a Hold rating on the stock with a $17.50 price target.
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Monmouth Real Estate ate’s market cap is currently $1.35B and has a P/E ratio of 34.67. The company has a Price to Book ratio of 2.63.
Based on the recent corporate insider activity of 87 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 MNR in relation to earlier this year.
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.
Monmouth Real Estate Investment Corp. engages in the ownership and management of real estate. It invests in well-located, modern, single tenant, industrial buildings, leased primarily to investment-grade tenants on long-term net leases. The company was founded by Eugene W. Landy in 1968 and is headquartered in Freehold, NJ.
