In a report released today, Merrill Ross from Boenning & Scattergood maintained a Buy rating on UMH Properties (UMH), with a price target of $19.50. The company’s shares closed on Friday at $13.24.
According to TipRanks.com, Ross is a 1-star analyst with an average return of -0.6% and a 53.3% success rate. Ross covers the Financial sector, focusing on stocks such as Essential Properties Realty Trust Inc, Pennsylvania Real Estate Investment, and Monmouth Real Estate Investment.
Currently, the analyst consensus on UMH Properties is a Moderate Buy with an average price target of $19.50.
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The company has a one-year high of $16.69 and a one-year low of $11.14. Currently, UMH Properties has an average volume of 172.1K.
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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.
