Published On: Wed, Oct 19th, 2016

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

10/18/2016 – Mitsubishi UFJ began new coverage on Monogram Residential Trust, Inc. giving the company a “neutral” rating. They now have a USD 11 price target on the stock.

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.

08/25/2016 – BTIG Research began new coverage on Monogram Residential Trust, Inc. giving the company a “buy” rating. They now have a USD 12.25 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 10.32 and a 200 day moving average of 10.23. The stock’s market capitalization is 1.76B, it has a 52-week low of 7.67 and a 52-week high of 10.90.

The share price of the company (NYSE:MORE) was up +0.57% during the last trading session, with a high of 10.62 and the volume of Monogram Residential Trust, Inc. shares traded was 609436.

Monogram Residential Trust, Inc. (Monogram) is an integrated self-managed real estate investment trust (REIT) that invests in, develops and operates multifamily communities offering location and lifestyle amenities. The Company focuses on increasing earnings, long-term shareholder value and cash flow through the acquisition, development, and operation of its multifamily communities and the disposition of selected multifamily communities in its portfolio. It invests in operating communities and communities in various phases of development. These include luxury high-rise, mid-rise and garden style multifamily communities. Its targeted communities include existing core communities, as well as communities in various phases of development, redevelopment, lease up or repositioning with the intent to transition those communities to core communities. Monogram’s portfolio includes investments in over 60 multifamily communities in over 10 states comprising approximately 15,570 apartment homes.