Mid-America Apartment (MAA) Receives a Buy from Barclays


Barclays analyst Ross L Smotrich maintained a Buy rating on Mid-America Apartment (NYSE: MAA) on October 12 and set a price target of $110. The company’s shares closed on Friday at $94.61.

According to TipRanks.com, Smotrich is a 5-star analyst with an average return of 6.8% and a 62.2% success rate. Smotrich covers the Financial sector, focusing on stocks such as Pennsylvania Real Estate Investment, Apartment Investment & Management, and Safety Income & Growth Inc.

Mid-America Apartment has an analyst consensus of Moderate Buy, with a price target consensus of $105.60.

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Mid-America Apartment’s market cap is currently $10.77B and has a P/E ratio of 31.33. The company has a Price to Book ratio of 1.72.

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock.

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.

Mid-America Apartment Communities, Inc. is a real estate investment trust, which owns and manages apartments in the Sunbelt region of the United States. It operates through the following segments: Large Market Same Store Communities, Secondary Market Same Store Communities and Non Same Store Communities & Other.

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