AvalonBay (NYSE: AVB) received a Hold rating from BTIG analyst James W Sullivan today. The company’s shares closed yesterday at $165.86.
According to TipRanks.com, Sullivan is a 4-star analyst with an average return of 10.2% and a 72.6% success rate. Sullivan covers the Financial sector, focusing on stocks such as Lasalle Hotel Properties, Camden Property Trust, and CBL and Associates.
AvalonBay has an analyst consensus of Moderate Buy, with a price target consensus of $179.63.
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The company has a one-year high of $199.52 and a one-year low of $152.65. Currently, AvalonBay has an average volume of 737.6K.
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AvalonBay Communities, Inc. is a real estate investment trust, which engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities. It operates through the following segments: Established Communities, Other Stabilized Communities, and Development or Redevelopment Communities.
