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Analysts Offer Insights on Real Estate Companies: Sun Communities (SUI) and Federal Realty (FRT)

Tipranks - Sat May 23, 6:36AM CDT

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Sun Communities (SUI) and Federal Realty (FRT) with bullish sentiments.

Meet Samuel – Your Personal Investing Prophet

Sun Communities (SUI)

Barclays analyst Richard Hightower maintained a Buy rating on Sun Communities yesterday and set a price target of $147.00. The company’s shares closed last Thursday at $126.29.

According to TipRanks.com, Hightower is a 1-star analyst with an average return of -0.6% and a 50.7% success rate. Hightower covers the NA sector, focusing on stocks such as Essential Properties Realty, Phillips Edison & Company, and Apple Hospitality REIT. ;'>

Sun Communities has an analyst consensus of Moderate Buy, with a price target consensus of $141.71, implying a 15.4% upside from current levels. In a report issued on May 18, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $138.00 price target.

See today’s best-performing stocks on TipRanks >>

Federal Realty (FRT)

In a report released today, Samir Khanal from Bank of America Securities maintained a Buy rating on Federal Realty, with a price target of $125.00. The company’s shares closed last Thursday at $118.61.

According to TipRanks.com, Khanal is a 3-star analyst with an average return of 1.6% and a 61.4% success rate. Khanal covers the NA sector, focusing on stocks such as Rexford Industrial Realty, InvenTrust Properties, and Extra Space Storage. ;'>

Federal Realty has an analyst consensus of Moderate Buy, with a price target consensus of $119.27, a 3.3% upside from current levels. In a report issued on May 14, J.P. Morgan also maintained a Buy rating on the stock with a $124.00 price target.

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