# AvalonBay Communities, Inc. – Consensus ‘buy’ rating and 12.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/avalonbay-communities-inc.consensus-buy-rating-and-12.0-upside-potential/4121132987
- Published: 2023-11-16T14:10:58+00:00
- Author: Charlotte Edwards

**AvalonBay Communities, Inc.** which can be found using ticker (AVB) have now 20
market analysts covering the stock. The analyst consensus now points to a rating
of ‘buy’. The range between the high target price and low target price is between
$229.00 and $176.00 with the average target price sitting at $192.55. Given that
the stocks previous close was at $171.87 this would imply there is now a potential
upside of 12.0%. The day 50 moving average is $173.02 while the 200 day moving average
is $177.62. The company has a market cap of 24.28B. The stock price for the company
is currently $170.96 USD

 The potential market cap would be $27,200,206,996 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 25.98, revenue per share of $19.27
and a 2.6% return on assets.

AvalonBay Communities, Inc. is a real estate investment trust (REIT). The Company’s
segments include Same Store, Other Stabilized and Development/Redevelopment. The
Company develops, redevelops, acquires, owns and operates multifamily apartment 
communities 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 its expansion
markets of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas
and Austin, Texas, and Denver, Colorado. The Company focuses on metropolitan areas
in these regions. The Company owns or holds a direct or indirect ownership interest
in approximately 275 operating apartment communities containing over 82,411 apartment
homes in 12 states and the District of Columbia and 18 wholly owned apartment communities
under development. The Company operates under four core brands, which include Avalon,
AVA, eaves by Avalon, and Kanso.

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