Monmouth Real Estate Investment found using ticker (MNR) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 18 and 13 calculating the mean target price we have 15.7. With the stocks previous close at 13.57 this is indicating there is a potential upside of 15.7%. The day 50 moving average is 13.37 while the 200 day moving average is 13.51. The market cap for the company is $1,397m. Visit the company website at: http://www.mreic.reit
Monmouth Real Estate Investment Corporation, founded in 1968, is one of the oldest public equity REITs in the world. We specialize in single tenant, net-leased industrial properties, subject to long-term leases, primarily to investment-grade tenants. Monmouth Real Estate is a fully integrated and self-managed real estate company, whose property portfolio consists of 116 properties containing a total of approximately 23.0 million rentable square feet, geographically diversified across 30 states. In addition, we own a portfolio of REIT securities.