Where AvalonBay Communities Stands With Analysts
Portfolio Pulse from Benzinga Insights
AvalonBay Communities (NYSE:AVB) has been rated by 7 analysts in the past three months, with no changes in the last 30 days. The average 12-month price target is $193.71, down from $197.67. Analysts from Mizuho, Evercore ISI Group, Truist Securities, Keybanc, JP Morgan, and Piper Sandler have adjusted their price targets and ratings, reflecting a mix of lowered targets and maintained or raised ratings. AvalonBay owns 276 apartment communities and is developing 18 more, with strong financial indicators such as a 4.86% revenue growth, a net margin of 24.66%, an ROE of 1.46%, an ROA of 0.83%, and a debt-to-equity ratio of 0.69.
January 02, 2024 | 5:00 pm
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NEUTRAL IMPACT
AvalonBay Communities has received mixed analyst ratings with a slight decrease in the average price target to $193.71. The company's strong financial performance may counterbalance the lowered price targets.
While the average price target for AVB has been lowered, indicating a potential decrease in stock price, the company's strong financial performance, including revenue growth and profitability, could mitigate negative impacts and maintain investor confidence. The score is neutral due to these counteracting factors.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100