Newsystocks reports that equities research analysts at Ladenburg Thalmann initiated coverage on Sun Communities Inc (NYSE: SUI) in a research note to investors on Wednesday. Thalmann set a “buy” rating on Sun stock and a $43.00 price target. Analysts at The Benchmark Company raised their price target on shares of Sun stock from $36.00 to $39.00 in a research note to investors on April 12nd. Benchmark has a “buy” rating on the stock. Sun Communities Inc has a 52 week low of $26.80 and a 52 week high of $40.21. The stock’s 50-day moving average is $37.08 and its 200-day moving average is $36.49. Sun has a market cap of $766.8 million. Sun Communities Inc last announced its quarterly results on Thursday, July 28th. The company reported $0.74 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.64 EPS by $0.10. Sun Communities, Inc. is a self-administered and self-managed real estate investment trust (REIT). Sun Communities owns, operates and develops manufactured housing communities concentrated in the Midwestern, southern and southeastern United States. The firm operates through two business segments: Real Property Operations, and Home Sales and Rentals.
