BMO Capital analyst John Kim maintained a Hold rating on Apartment Investment & Management (AIV) today and set a price target of $54. The company’s shares closed on Friday at $49.98, close to its 52-week high of $51.50.
According to TipRanks.com, Kim is a 4-star analyst with an average return of 5.0% and a 60.7% success rate. Kim covers the Financial sector, focusing on stocks such as Franklin Street Properties, National Health Investors, and Columbia Property Trust.
Currently, the analyst consensus on Apartment Investment & Management is a Hold with an average price target of $50.25, a 0.5% upside from current levels. In a report issued on March 15, Barclays also maintained a Hold rating on the stock with a $50 price target.
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The company has a one-year high of $51.50 and a one-year low of $39.74. Currently, Apartment Investment & Management has an average volume of 1.43M.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. Most recently, in January 2019, 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. The company was founded by Terry Considine in 1975 and is headquartered in Denver, CO.
