Expert Outlook: Apartment Income REIT Through The Eyes Of 4 Analysts
Portfolio Pulse from Benzinga Insights
Apartment Income REIT (NYSE:AIRC) has been analyzed by 4 analysts over the past three months, showing a mix of ratings from bullish to indifferent. The average 12-month price target is now $35.28, down from $37.67, indicating a 6.34% decrease. Analyst actions include both raises and lowers in ratings and price targets, reflecting varied perspectives on the company's performance and market conditions. Apartment Income REIT, owning over 26,000 units across major US cities, has seen a revenue decline of -5.54% in the last quarter, with a notable net margin of -8.28% and an ROE of -0.67%.
April 09, 2024 | 7:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Apartment Income REIT has received mixed reviews from analysts, with a downward revision in the average price target to $35.28, indicating potential short-term pressure on the stock price.
The mixed analyst ratings and the decrease in the average price target reflect uncertainty and potentially lower investor confidence, which could lead to short-term pressure on AIRC's stock price. Additionally, the reported revenue decline and operational challenges further support the likelihood of a negative impact on the stock in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100