Published On: Wed, Oct 19th, 2016

Monmouth Real Estate Investment Corporation (NYSE:MNR) Analyst Review


A number of investment brokers have recently updated their price targets on shares of Monmouth Real Estate Investment Corporation (NYSE:MNR).

Most recent broker ratings

08/08/2016 – Monmouth Real Estate Investment Corporation had its “neutral” rating reiterated by analysts at D.A. Davidson. They now have a USD 15 price target on the stock.

08/05/2016 – Monmouth Real Estate Investment Corporation had its “buy” rating reiterated by analysts at Wunderlich. They now have a USD 15.5 price target on the stock.

07/19/2016 – Janney Montgomery Scott began new coverage on Monmouth Real Estate Investment Corporation giving the company a “buy” rating. They now have a USD 15 price target on the stock.

10/06/2015 – Monmouth Real Estate Investment Corporation had its “neutral” rating reiterated by analysts at National Securities. They now have a USD 10.5 price target on the stock.

08/24/2015 – Monmouth Real Estate Investment Corporation had its “outperform” rating reiterated by analysts at BMO Capital Markets. They now have a USD 11.5 price target on the stock.

05/01/2015 – Monmouth Real Estate Investment Corporation had its “hold” rating reiterated by analysts at Zacks.

01/20/2014 – Monmouth Real Estate Investment Corporation was downgraded to “sell” by analysts at Thomson Reuters/Verus.

The share price of Monmouth Real Estate Investment Corporation (NYSE:MNR) was up +2.00% during the last day of trading, with a day high of 13.77. 409218 shares were traded during the last session.

The stock’s 50 day moving average is 13.93 and its 200 day moving average is 13.03. The stock’s market capitalization is 932.31M. Monmouth Real Estate Investment Corporation has a 52-week low of 9.50 and a 52-week high of 14.92.

Monmouth Real Estate Investment Corporation is a real estate investment trust (REIT). The Company’s primary business is the ownership of real estate. Its investment focus is to own single tenant, industrial buildings and leased to investment-grade tenants or their subsidiaries on long-term net leases. In addition, the Company owns a portfolio of REIT investment securities. Its assets are situated near airports, transportation hubs and manufacturing plants. The Company’s featured properties include ULTA Cosmetics, Milwaukee Tool, Beam Suntory, FedEx Supply Chain Services, Coca-Cola, Best Buy, International Paper, Home Depot, FedEx Ground, Actavis, Anheuser-Busch, United Technologies, Kellogg’s, Siemens, National Oilwell and Cardinal Health. The Company’s property portfolio consists of approximately 100 properties located in over 30 states, containing a total of approximately 16.6 million rentable square feet.