Stock analysts at StockNews.com assumed coverage on shares of AvalonBay Communities (NYSE:AVB – Get Rating) in a report issued on Thursday. The firm set a “hold” rating on the real estate investment trust’s stock.
Several other research firms have also issued reports on AVB. Morgan Stanley increased their target price on shares of AvalonBay Communities from $187.00 to $190.00 and gave the stock an “equal weight” rating in a research note on Wednesday, March 1st. Wells Fargo & Company began coverage on shares of AvalonBay Communities in a research note on Wednesday, March 29th. They set an “overweight” rating and a $184.00 target price on the stock. Evercore ISI raised shares of AvalonBay Communities from an “in-line” rating to an “outperform” rating and set a $194.00 target price on the stock in a research note on Monday, April 10th. Barclays raised their price target on shares of AvalonBay Communities from $175.00 to $186.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 1st. Finally, Piper Sandler raised shares of AvalonBay Communities from an “underweight” rating to a “neutral” rating and raised their price target for the company from $160.00 to $193.00 in a research note on Monday, May 1st. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, AvalonBay Communities has an average rating of “Hold” and a consensus target price of $203.40.
AvalonBay Communities Price Performance
Shares of AVB opened at $177.17 on Thursday. The business’s 50-day moving average is $170.56 and its two-hundred day moving average is $170.47. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.95 and a current ratio of 0.95. AvalonBay Communities has a fifty-two week low of $153.07 and a fifty-two week high of $220.42. The company has a market capitalization of $25.16 billion, a P/E ratio of 24.30, a P/E/G ratio of 3.23 and a beta of 0.92.
Institutional Trading of AvalonBay Communities
About AvalonBay Communities
AvalonBay Communities, Inc is a real estate investment trust, which engages in the development, acquisition, ownership, and operation of multifamily communities. It operates through the following segments: Established Communities, Other Stabilized Communities, and Development or Redevelopment Communities.
- Get a free copy of the StockNews.com research report on AvalonBay Communities (AVB)
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