In a report released today, Haendel St. Juste from Mizuho Securities reiterated a Buy rating on American Assets Trust (AAT), with a price target of $44. The company’s shares opened today at $40.40.
According to TipRanks.com, Juste is a 1-star analyst with an average return of -1.1% and a 43.6% success rate. Juste covers the Financial sector, focusing on stocks such as Spirit Realty Capital, Invitation Homes Inc, and CBL and Associates.
Currently, the analyst consensus on American Assets Trust is a Strong Buy with an average price target of $44.50.
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The company has a one-year high of $42.85 and a one-year low of $30.62. Currently, American Assets Trust has an average volume of 230.9K.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AAT in relation to earlier this year.
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.
American Assets Trust, Inc. is a real estate investment trust. It owns, operates, acquires, and develops retail shopping centers; office properties; mixed-use properties; and multifamily properties. The company operates through the following segments: Retail, Office, Multifamily, and Mixed-Use. The Retail segment includes rental of retail space.
