Mid-America Apartment Communiti found using ticker (MAA) have now 17 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 275 and 209 calculating the mean target price we have 229.35. With the stocks previous close at 205.25 this now indicates there is a potential upside of 11.7%. The 50 day moving average now sits at 213.74 and the 200 moving average now moves to 189.68. The market cap for the company is $24,413m. Company Website: https://www.maac.com
The potential market cap would be $27,279m based on the market concensus.
MAA, an S&P 500 company, is a real estate investment trust, or REIT, focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities in the Southeast, Southwest, and Mid-Atlantic regions of the United States. As of December 31, 2020, MAA had ownership interest in 102,772 apartment units, including communities currently in development, across 16 states and the District of Columbia.