▲ +4.77% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Monmouth Real Estate Investment in the last 3 months. The average price target is $15.80, with a high forecast of $18.00 and a low forecast of $13.00. The average price target represents a 4.77% upside from the last price of $15.08.
The current consensus among 5 polled investment analysts is to hold stock in Monmouth Real Estate Investment. This rating has held steady since February 2019, when it changed from a Buy consensus rating.
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 118 properties containing a total of approximately 23.3 million rentable square feet, geographically diversified across 31 states.