BMO Capital Maintains a Hold Rating on Apartment Investment & Management (AIV)


In a report issued on August 2, John Kim from BMO Capital maintained a Hold rating on Apartment Investment & Management (AIV), with a price target of $55. The company’s shares closed on Friday at $50.23.

According to TipRanks.com, Kim is a 4-star analyst with an average return of 4.5% and a 57.1% success rate. Kim covers the Financial sector, focusing on stocks such as Investors Real Estate ate, Physicians Realty Trust, and Columbia Property Trust.

The word on The Street in general, suggests a Hold analyst consensus rating for Apartment Investment & Management with a $54 average price target.

See today’s analyst top recommended stocks >>

Based on Apartment Investment & Management’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $64.42 million. In comparison, last year the company had a net profit of $4.74 million.

Based on the recent corporate insider activity of 32 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. The company was founded by Terry Considine in 1975 and is headquartered in Denver, CO.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts