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BMO Capital Markets upgraded Sun Communities Inc (NYSE:SUI) to Outperform in a report released today.

Only yesterday Sun Communities Inc (NYSE:SUI) traded 0.11% higher at $77.14. The company’s 50-day moving average is $77.48 and its 200-day moving average is $72.76. With the last close up 5.86% from the two hundred day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. 62,870 shares of SUI were exchanged, down from ann average trading volume of 654,180.

BMO Capital Markets has upgraded Sun Communities Inc(NYSE:SUI) to Outperform in a report released 9/16/2016.

Recent Performance Chart:

Sun Communities Inc (NYSE:SUI)

A total of 3 firms have reported on the company. One analyst rate the stock a strong buy, 0 rate the company a buy, three firms rate the stock a hold, one firm rate the company to underperform, and finally 0 analystsrate the company as sell with a one year target stock price of $67.67

Sun Communities Inc has a PE of 38 with a 52 week low of $61.65 and a 52 week high of $85.98 and has a market cap of $0.0.

About Sun Communities Inc (NYSE:SUI)

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. Real Property Operations include several home options of various sizes and designs and consist of MH communities and RV communities. The Home Sales and Rentals segment offers manufactured home sales and leasing services to tenants and prospective tenants of its communities. It is engaged in the marketing, selling and leasing of new and pre-owned homes to residents in its communities. It has regional property management offices located in Austin, Texas; Dayton, Ohio; Grand Rapids, Michigan; Traverse City, Michigan; Ft. Myers, Florida, and Orlando, and Florida.

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