Sun Communities (SUI) : The consensus on Sun Communities (SUI) based on 2 analyst recommendation on the company stock is 1, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.
Sun Communities (SUI) : 2 Wall Street analysts covering Sun Communities (SUI) believe that the average level the stock could reach for the short term is $69.5. The maximum price target given is $74 and the minimum target for short term is around $65, hence the standard deviation is calculated at $6.36.
For the current week, the company shares have a recommendation consensus of Buy.
Sun Communities (NYSE:SUI): The stock opened at $77.27 on Tuesday but the bulls could not build on the opening and the stock topped out at $77.47 for the day. The stock traded down to $75.74 during the day, due to lack of any buying support eventually closed down at $75.95 with a loss of -1.78% for the day. The stock had closed at $77.33 on the previous day. The total traded volume was 1,054,684 shares.
Sun Communities, Inc. (SHS) is a self-administered and self-managed real estate investment trust (REIT). The Company operates in two segments: Real Property Operations, and Home Sales and Rentals. The Real Property Operations segment owns, operates and develops manufactured housing (MH) and recreational vehicle (RV) throughout the United States and is in the business of acquiring, operating and expanding MH and RV communities. The Home Sales and Rentals segment offers manufactured home sales and leasing services to tenants and prospective tenants of its communities. The Company owns and operates a portfolio of around 217 properties located in 29 states throughout the United States, including 183 MH communities, 25 RV communities and nine properties containing both MH and RV sites.