Published On: Thu, Mar 30th, 2017

Broker Changes For Monogram Residential Trust, Inc. (NYSE:MORE)


Recently stock market analysts have updated their consensus ratings on shares of Monogram Residential Trust, Inc. (NYSE:MORE).

Most recent broker ratings

01/05/2017 – Monogram Residential Trust, Inc. was upgraded to “overweight” by analysts at Mitsubishi UFJ. They now have a USD 12 price target on the stock.

11/04/2016 – Monogram Residential Trust, Inc. was downgraded to “neutral” by analysts at BTIG Research.

09/16/2016 – Robert W. Baird began new coverage on Monogram Residential Trust, Inc. giving the company a “outperform” rating. They now have a USD 11 price target on the stock.

09/08/2016 – Janney Montgomery Scott began new coverage on Monogram Residential Trust, Inc. giving the company a “buy” rating. They now have a USD 11.5 price target on the stock.

06/28/2016 – Canaccord Genuity began new coverage on Monogram Residential Trust, Inc. giving the company a “hold” rating. They now have a USD 11 price target on the stock.

06/17/2016 – BMO Capital Markets began new coverage on Monogram Residential Trust, Inc. giving the company a “outperform” rating. They now have a USD 12.5 price target on the stock.

05/11/2016 – Monogram Residential Trust, Inc. was downgraded to “equal-weight” by analysts at Morgan Stanley. They now have a USD 11 price target on the stock.

04/05/2016 – JMP Securities began new coverage on Monogram Residential Trust, Inc. giving the company a “market outperform” rating. They now have a USD 12 price target on the stock.

03/16/2016 – Cowen began new coverage on Monogram Residential Trust, Inc. giving the company a “outperform” rating. They now have a USD 13 price target on the stock.

01/15/2016 – Monogram Residential Trust, Inc. had its “neutral” rating reiterated by analysts at D.A. Davidson. They now have a USD 10 price target on the stock.

04/30/2015 – Monogram Residential Trust, Inc. had its “hold” rating reiterated by analysts at Zacks.

Monogram Residential Trust, Inc. has a 50 day moving average of 10.13 and a 200 day moving average of 10.36. The stock’s market capitalization is 1.64B, it has a 52-week low of 9.52 and a 52-week high of 10.97.

The share price of the company (NYSE:MORE) was down -0.66% during the last trading session, with a high of 9.93 and the volume of Monogram Residential Trust, Inc. shares traded was 382701.

Monogram Residential Trust, Inc. is a self-managed real estate investment trust (REIT). The Company invests in, develops and operates multifamily communities offering location and lifestyle amenities. The Company also invests in stabilized operating communities and communities in various phases of development, with a focus on communities in select markets across the United States. These include luxury high-rise, mid-rise and garden style multifamily communities. As of December 31, 2016, Monogram’s portfolio includes investments in 51 multifamily communities in 10 states comprising 14,473 residential units. As of September 30, 2016, the Company held ownership interests in equity investments, including 47 operating multifamily communities (including one development in lease up) containing 13,022 residential units in 10 states, all of which are consolidated for financial reporting purposes.