Mid-America Apartment Communiti with ticker code (MAA) have now 16 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 250 and 209 calculating the mean target price we have 227.63. Given that the stocks previous close was at 207.51 this indicates there is a potential upside of 9.7%. The 50 day moving average now sits at 208.72 and the 200 day MA is 202.25. The company has a market capitalisation of $24,953m. You can visit the company’s website by visiting: https://www.maac.com
The potential market cap would be $27,373m 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.