▼ -14.49% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Monmouth Real Estate Investment in the last 3 months. The average price target is $16.67, with a high forecast of $20.00 and a low forecast of $13.00. The average price target represents a -14.49% upside from the last price of $19.49.
The current consensus among 4 investment analysts is to hold stock in Monmouth Real Estate Investment. This Hold consensus rating has held steady for over two years.
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 121 properties, containing a total of approximately 24.5 million rentable square feet, geographically diversified across 31 states. Our occupancy rate as of this date is 99.7%.