Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

BMO Capital Stick to Their Buy Rating for Sun Communities

Published 07/22/2020, 07:40 PM
Updated 07/22/2020, 07:40 PM


BMO Capital analyst John Kim maintained a Buy rating on Sun Communities (NYSE:SUI) on Wednesday, setting a price target of $162, which is approximately 19.44% above the present share price of $135.63.

Kim expects Sun Communities to post earnings per share (EPS) of -$0.17 for the third quarter of 2020.

The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Sun Communities, with an average price target of $147.
The analysts price targets range from a high of $162 to a low of $139.

In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $310.3 million and a net profit of $72.86 million. The company's market cap is $13.45 billion.

According to TipRanks.com, BMO Capital analyst John Kim is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 1.7% and a 49.72% success rate.

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.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.