Farmland Partners Inc. – Consensus Says Downside Potential of -10.2%

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Terres Agricoles Partners Inc. found using ticker (REIT) now have 4 total analysts covering the stock. The consensus odds are “Hold”. The range between the high target price and the low target price is between 12 and 7.5, with the average target price being 10.25. Now, with the previous closing price of 11.42, that would imply a potential drop of -10.2%. The 50-day moving average is 12.16 and the 200-day MA is 9.29. The company has a market capitalization of $ 351 million. Company website: http://www.farmlandpartners.com

Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high quality North American farmland and provides loans to farmers secured by farm real estate. As of the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, Dakota and Virginia. We have around 26 types of crops and over 100 tenants. The Company elected to be taxed as a real estate investment trust, or REIT, for US federal income tax purposes, effective for the tax year ended December 31, 2014.

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