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Zacks Investment Research downgraded Monmouth R.E. Inv. Corp. (NYSE:MNR) to Sell in a report released today.

Yesterday Monmouth R.E. Inv. Corp. (NYSE:MNR) traded -1.06% lower at $13.64. The company’s 50-day moving average is $14.07 and its 200-day moving average is $12.94. The last stock close price is up 1.09% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 387,928 shares of Monmouth R.E. Inv. Corp. traded, up from an avg. volume of 371,388

Zacks Investment Research has downgraded Monmouth R.E. Inv. Corp. (NYSE:MNR) to Sell in a report released on 10/5/2016.

Previously on 8/8/2016, DA Davidson reported about Monmouth R.E. Inv. Corp. (NYSE:MNR) raised the target price from $14.00 to $15.00. At the time, this indicated a possible upside of 0.09%.

Performance Chart

Monmouth R.E. Inv. Corp. (NYSE:MNR)

With a total market value of $0, Monmouth R.E. Inv. Corp. has price-earnings ratio of 34.88 with a one year low of $9.50 and a one year high of $14.92 .

A total of 4 analysts have released a report on Monmouth R.E. Inv. Corp.. One analyst rating the company a strong buy, two analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $11.50.

More About Monmouth R.E. Inv. Corp. (NYSE:MNR)

Monmouth Real Estate Investment Corporation is a self-administered and self-managed real estate investment trust (REIT). The Company is engaged in ownership of real estate. Its investment focus is to own industrial buildings, leased primarily to investment-grade tenants on long-term net-leases. In addition, the Company owns a portfolio of REIT investment securities. As of September 30, 2015, the Company held investments in approximately 90 properties totaling approximately 13,919,000 square feet. Its properties are located in approximately 30 states, which include Alabama, Arizona, Colorado, Florida, Georgia, Illinois, Kansas, Kentucky, Maryland, Missouri, Nebraska, New Jersey, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Virginia and Wisconsin. The Company's properties are owned with the exception of the properties located in Streetsboro, Ohio and Carlstadt, New Jersey, which are self-managed by the Company.

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