In a report released yesterday, Richard Anderson from Mizuho Securities reiterated a Hold rating on Apartment Investment & Management (NYSE: AIV), with a price target of $44. The company’s shares closed on Friday at $43.81.
According to TipRanks.com, Anderson is a 4-star analyst with an average return of 6.3% and a 73.3% success rate. Anderson covers the Financial sector, focusing on stocks such as First Industrial Realty Trust, Hudson Pacific Properties, and National Health Investors.
Apartment Investment & Management has an analyst consensus of Moderate Buy, with a price target consensus of $44.17.
See today’s analyst top recommended stocks >>
Apartment Investment & Management’s market cap is currently $6.89B and has a P/E ratio of 464.09. The company has a Price to Book ratio of 4.46.
Based on the recent corporate insider activity of 27 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.
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.
