Robert W. Baird Upgrades Sun Communities (SUI) to “Outperform”
Sun Communities (NYSE:SUI) was upgraded by analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating in a note issued to investors on Wednesday.
Several other equities research analysts also recently issued reports on SUI. ValuEngine downgraded Sun Communities from a “buy” rating to a “hold” rating in a research report on Tuesday, December 5th. Evercore ISI raised Sun Communities from an “in-line” rating to an “outperform” rating and set a $86.00 price target on the stock in a research report on Monday, December 4th. Zacks Investment Research downgraded Sun Communities from a “buy” rating to a “hold” rating in a research report on Thursday, December 28th. Royal Bank of Canada lifted their target price on Sun Communities from $95.00 to $96.00 and gave the stock an “outperform” rating in a research report on Thursday, October 26th. Finally, BMO Capital Markets reissued a “buy” rating and set a $96.00 target price on shares of Sun Communities in a research report on Monday, October 23rd. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $93.57.
Shares of Sun Communities (NYSE:SUI) opened at $83.96 on Wednesday. The stock has a market capitalization of $6,696.51, a PE ratio of 113.46, a PEG ratio of 2.95 and a beta of 0.15. Sun Communities has a 1 year low of $78.78 and a 1 year high of $96.08.
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Sun Communities Company Profile
Sun Communities, Inc is a self-administered and self-managed real estate investment trust (REIT). The Company is a fully integrated real estate company, which, together with its affiliates and predecessors, has been in the business of acquiring, operating, developing, and expanding manufactured housing (MH) and recreational vehicle (RV).
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