JMP Securities analyst Aaron Hecht maintained a Buy rating on Sun Communities (SUI – Research Report) today and set a price target of $200.00. The company’s shares closed last Wednesday at $159.57.
According to TipRanks.com, Hecht is a 4-star analyst with an average return of 4.4% and a 50.0% success rate. Hecht covers the Financial sector, focusing on stocks such as Chicago Atlantic Real Estate ate Finance Inc, Innovative Industrial Properties, and Mid-America Apartment.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sun Communities with a $193.44 average price target, a 19.7% upside from current levels. In a report issued on July 26, BMO Capital also maintained a Buy rating on the stock with a $185.00 price target.
See today’s best-performing stocks on TipRanks >>
The company has a one-year high of $211.79 and a one-year low of $148.64. Currently, Sun Communities has an average volume of 561.8K.
Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SUI in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Sun Communities, Inc. provides real estate management services. The firm operates through the following segments: Real Property Operations and Home Sales and Rentals. The Real Property Operations segment owns, operates, and develops manufacture housing communities and recreational vehicle communities throughout the United States and is in the business of acquiring, operating, and expanding manufactured housing and recreational vehicle communities. The Home Sales and Rentals segment offers manufactured home sales and leasing services to tenants and prospective tenants of its communities. The company was founded in 1975 and is headquartered in Southfield, MI.
Read More on SUI:
- JMP Securities Remains a Buy on Stifel Financial (SF)
- Analysts’ Top Technology Picks: Meta Platforms (META), SPS Commerce (SPSC)
- Analysts’ Opinions Are Mixed on These Financial Stocks: Apollo Real Estate (ARI), Arch Capital Group (ACGL) and Raymond James Financial (RJF)
- Ford Zooms More Than 6% on Upbeat Q2 Results
- Integra Lifesciences (IART) Gets a Buy Rating from JMP Securities
