Morgan Stanley analyst Richard Hill maintained a Buy rating on American Assets Trust (NYSE: AAT) today and set a price target of $40. The company’s shares closed yesterday at $36.93.
Hill has an average return of 13.5% when recommending American Assets Trust.
According to TipRanks.com, Hill is ranked #3769 out of 4830 analysts.
American Assets Trust has an analyst consensus of Moderate Buy, with a price target consensus of $40.
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The company has a one-year high of $41.69 and a one-year low of $30.62. Currently, American Assets Trust has an average volume of 318.1K.
Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AAT in relation to earlier this year.
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American Assets Trust, Inc. is a real estate investment trust. It owns, operates, acquires, and develops retail shopping centers; office properties; mixed-use properties; and multifamily properties. The company operates through the following segments: Retail, Office, Multifamily, and Mixed-Use. The Retail segment includes rental of retail space.
