AvalonBay Communities – Consensus Indicates Potential -5.0% Downside

Broker Ratings

AvalonBay Communities with ticker code (AVB) have now 20 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 251 and 176 with a mean TP of 213.6. With the stocks previous close at 224.93 this indicates there is a potential downside of -5.0%. The 50 day moving average now sits at 214.11 and the 200 day MA is 189.95. The company has a market cap of $31,533m. Company Website: http://www.avalonbay.com

As of December 31, 2020, the Company owned or held a direct or indirect ownership interest in 291 apartment communities containing 86,025 apartment homes in 11 states and the District of Columbia, of which 18 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company’s expansion markets consisting of Southeast Florida and Denver, Colorado (the “Expansion Markets”).

You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.

Share on Stocktwits
You might also enjoy reading  AvalonBay Communities - Consensus Indicates Potential .2% Upside

Good news travels fast (but only if you make that happen):

Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on facebook
Facebook
Share on email
Email
Share on reddit
Reddit

AIM All Share Index