Sun Communities Gets a Buy Rating from Robert W. Baird

By Jason Carr

Robert W. Baird analyst Drew Babin reiterated a Buy rating on Sun Communities (NYSE: SUI) today and set a price target of $100. The company’s shares opened today at $95.47, close to its 52-week high of $95.83.

According to TipRanks.com, Babin is a 4-star analyst with an average return of 10.0% and a 76.3% success rate. Babin covers the Financial sector, focusing on stocks such as Apartment Investment & Management, Senior Housing Properties Trust, and Monogram Residential Trust.

Sun Communities has an analyst consensus of Moderate Buy, with a price target consensus of $98.

The company has a one-year high of $95.83 and a one-year low of $72.51. Currently, Sun Communities has an average volume of 345.6K.

Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock.

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Sun Communities, Inc. provides real estate management services. The company operates through the following segments: Real Property Operations and Home Sales & Rentals.