Top 10 Real Estate Stocks with Highest Upside: MDH, TPGI, INTG, CRIC, CHLN, EJ, FOR, PICO, HF, NCT (Feb 22, 2010)

Below are the top 10 Real Estate stocks with highest upside potential, based on the difference between current price and Wall Street analysts' average target price. Three Chinese companies are on the list.

MHI Hospitality Corporation (NASDAQ:MDH) has the 1st highest upside potential in this segment of the market. Its upside is 174.7%. Its consensus target price is $5.00 based on the average of all estimates. Thomas Properties Group, Inc. (NASDAQ:TPGI) has the 2nd highest upside potential in this segment of the market. Its upside is 110.5%. Its consensus target price is $6.00 based on the average of all estimates. The InterGroup Corporation (NASDAQ:INTG) has the 3rd highest upside potential in this segment of the market. Its upside is 102.9%. Its consensus target price is $22.50 based on the average of all estimates. China Real Estate Information Corp (NASDAQ:CRIC) has the 4th highest upside potential in this segment of the market. Its upside is 77.0%. Its consensus target price is $16.25 based on the average of all estimates. China Housing & Land Development, Inc. (NASDAQ:CHLN) has the 5th highest upside potential in this segment of the market. Its upside is 75.6%. Its consensus target price is $7.50 based on the average of all estimates.

E-House (China) Holdings Limited (NYSE:EJ) has the 6th highest upside potential in this segment of the market. Its upside is 70.0%. Its consensus target price is $28.90 based on the average of all estimates. Forestar Real Estate Group Inc. (NYSE:FOR) has the 7th highest upside potential in this segment of the market. Its upside is 47.5%. Its consensus target price is $27.00 based on the average of all estimates. PICO Holdings, Inc. (NASDAQ:PICO) has the 8th highest upside potential in this segment of the market. Its upside is 42.5%. Its consensus target price is $47.00 based on the average of all estimates. HFF, Inc. (NYSE:HF) has the 9th highest upside potential in this segment of the market. Its upside is 37.1%. Its consensus target price is $8.50 based on the average of all estimates. Newcastle Investment Corp. (NYSE:NCT) has the 10th highest upside potential in this segment of the market. Its upside is 36.4%. Its consensus target price is $3.00 based on the average of all estimates.