AvalonBay Communities, Inc. which can be found using ticker (AVB) now have 20 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $207.00 and $175.00 suggesting an average Analsyt target price of $194.30. Given that the stocks previous close was at $175.40 this is indicating there is a potential upside of 10.8%. It’s also worth noting that there is a 50 day moving average of $180.57 and the 200 day MA is $179.83. The company has a market cap of 24.66B. The stock price is currently at: $173.62 USD
The potential market cap would be $27,315,410,442 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 26.47, revenue per share of $19.68 and a 2.73% return on assets.
AvalonBay Communities, Inc. is a real estate investment trust (REIT). The Company’s segments include Same Store, Other Stabilized and Development/Redevelopment. The Company develops, redevelops, acquires, owns and operates multifamily apartment communities in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in its expansion markets of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado. The Company focuses on metropolitan areas in these regions. The Company owns or holds a direct or indirect ownership interest in approximately 275 operating apartment communities containing over 82,411 apartment homes in 12 states and the District of Columbia and 18 wholly owned apartment communities under development. The Company operates under four core brands, which include Avalon, AVA, eaves by Avalon, and Kanso.
