# AvalonBay Communities, Inc. – Consensus ‘buy’ rating and 12.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/avalonbay-communities-inc.consensus-buy-rating-and-12.3-upside-potential-2/4121134845
- Published: 2023-12-01T11:58:38+00:00
- Author: Charlotte Edwards

**AvalonBay Communities, Inc.** with ticker code (AVB) have now 20 analysts in total
covering the stock. The consensus rating is pointing to ‘buy’. The target price 
High/Low ranges between $229.00 and $176.00 and has a mean target at $191.80. Given
that the stocks previous close was at $170.83 and the analysts are correct then 
we can expect a percentage increase in value of 12.3%. The 50 day moving average
now sits at $171.03 and the 200 day moving average is $177.17. The total market 
capitalization for the company now stands at 24.56B. The stock price is currently
at: $172.94 USD

 The potential market cap would be $27,574,915,005 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 26.32, 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.

Share on: