Mid-America Apartment Communiti with ticker code (MAA) have now 18 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 236 and 178 calculating the average target price we see 199.78. Given that the stocks previous close was at 170.99 this now indicates there is a potential upside of 16.8%. The day 50 moving average is 172.66 and the 200 day moving average is 198.86. The market cap for the company is $20,339m. Company Website: https://www.maac.com
The potential market cap would be $23,763m 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.
