Apartment Investment & Management (AIV) received a Hold rating and a $49 price target from Barclays analyst Ross L Smotrich today. The company’s shares closed on Friday at $49.07, close to its 52-week high of $49.92.
According to TipRanks.com, Smotrich is a 5-star analyst with an average return of 7.9% and a 67.0% success rate. Smotrich covers the Financial sector, focusing on stocks such as Pennsylvania Real Estate Investment, Safety Income & Growth Inc, and Jones Lang Lasalle Inc.
Currently, the analyst consensus on Apartment Investment & Management is a Moderate Buy with an average price target of $47.80.
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The company has a one-year high of $49.92 and a one-year low of $37.97. Currently, Apartment Investment & Management has an average volume of 1.46M.
Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is negative on the stock. Last month, Paul Beldin, the EVP – CFO of AIV bought 3,644 shares for a total of $32,504.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Apartment Investment & Management Co. operates as a real estate investment trust that engages in the acquisition, ownership, management and redevelopment of apartment properties. It operates through Real Estate segment. The Real Estate segment consists primarily of market rate apartment communities, which holds a substantial equity ownership interest.
