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 self-administered and self-managed real estate investment trust (REIT). The Company is engaged in ownership of real estate. Its investment focus is to own industrial buildings, leased primarily to investment-grade tenants on long-term net-leases. In addition, the Company owns a portfolio of REIT investment securities. As of September 30, 2015, the Company held investments in approximately 90 properties totaling approximately 13,919,000 square feet. Its properties are located in approximately 30 states, which include Alabama, Arizona, Colorado, Florida, Georgia, Illinois, Kansas, Kentucky, Maryland, Missouri, Nebraska, New Jersey, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Virginia and Wisconsin. The Company’s properties are owned with the exception of the properties located in Streetsboro, Ohio and Carlstadt, New Jersey, which are self-managed by the Company.