# AvalonBay Communities, Inc. – Consensus ‘buy’ rating and 7.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/avalonbay-communities-inc.consensus-buy-rating-and-7.8-upside-potential/4121135192
- Published: 2023-12-05T12:59:30+00:00
- Author: Charlotte Edwards

**AvalonBay Communities, Inc.** with ticker code (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 $191.80. Given that the stocks previous
close was at $177.94 and the analysts are correct then we can expect a percentage
increase in value of 7.8%. Also worth taking note is the 50 day moving average now
sits at $171.00 and the 200 day moving average is $177.14. The company has a market
capitalization of 25.24B. The stock price for the company is currently $177.74 USD

 The potential market cap would be $27,207,863,112 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 27.01, 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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