How Wall Street Analysts View AvalonBay Stock

Jennifer Mathews - Author

Jun. 19 2017, Updated 7:35 a.m. ET

Analyst ratings

AvalonBay Communities’ performance expectations in 2017 are reflected in its analyst ratings. Analysts gave AVB a mean price target of $197.30, implying a rise of 3.2% from its current level of $191.24.

In May 2017, 11 of 23 analysts covering AvalonBay Communities (AVB) stock issued “buy” or “strong buy” ratings. Eleven analysts gave AVB a “hold” rating, and one analyst gave it a “sell” or a “strong sell” rating. Compared to the ratings issued in December 2016, the number of AVB’s “strong buy” and “buy” ratings fell from 12 to 11.

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AVB’s peer ratings

Among AvalonBay Communities’ (AVB) major peers, three of 25 analysts gave Equity Residential (EQR) a “buy” or “strong buy” rating. Eighteen analysts gave EQR a “hold” rating, and four analysts gave it a “sell” or a “strong sell” rating.

Four of 21 analysts covering UDR Inc. (UDR) gave the company a “buy” or “strong buy” rating. Fifteen analysts gave it a “hold” rating, and two analysts gave it a “sell” or “strong sell” rating.

Twelve of 27 analysts covering Essex Property (ESS) gave it a “buy” or “strong buy” rating. Fourteen analysts gave ESS a “hold” rating, and one analyst gave it a “sell” or a “strong sell” rating.

AvalonBay constitutes 9% of the iShares Trust – iShares Residential Real Estate Capped ETF (REZ). The ETF has a market cap–weighted index that covers wide variety of industries like healthcare, self-storage, and residential REITs.


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