AvalonBay Communities Inc (NYSE:AVB) has coverage initiated with a Sector Perform rating

ME Staff
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Analyst Ratings For AvalonBay Communities Inc (NYSE:AVB)

Today, Scotiabank initiated coverage on AvalonBay Communities Inc (NYSE:AVB) with a Sector Perform.

There are 12 Hold Ratings, 8 Buy Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on AvalonBay Communities Inc (NYSE:AVB) is Hold with a consensus target price of $192.50 per share, a potential 11.34% upside.

Some recent analyst ratings include

  • 10/16/2018-AvalonBay Communities Inc (NYSE:AVB) has coverage initiated with a Sector Perform rating
  • 8/15/2018-AvalonBay Communities Inc (NYSE:AVB) gets downgraded to Neutral by Robert W. Baird with a price target of $197.00
  • 8/6/2018-AvalonBay Communities Inc (NYSE:AVB) gets downgraded to Sell by Zelman & Associates
  • 8/6/2018-AvalonBay Communities Inc (NYSE:AVB) had its Buy rating reiterated by Mizuho with a $212.00 price target

Recent Insider Trading Activity For AvalonBay Communities Inc (NYSE:AVB)
AvalonBay Communities Inc (NYSE:AVB) has insider ownership of 0.43% and institutional ownership of 93.16%.

  • On 8/24/2018 Sean J. Breslin, COO, sold 7,200 with an average share price of $182.20 per share and the total transaction amounting to $1,311,840.00.
  • On 8/3/2018 Kevin P. O’shea, CFO, sold 2,000 with an average share price of $179.85 per share and the total transaction amounting to $359,700.00.
  • On 12/12/2017 Leo S. Horey III, Insider, sold 2,000 with an average share price of $182.75 per share and the total transaction amounting to $365,500.00.
  • On 12/12/2017 Timothy J. Naughton, CEO, sold 25,160 with an average share price of $183.84 per share and the total transaction amounting to $4,625,414.40.
  • On 12/11/2017 Sean J. Breslin, COO, sold 1,500 with an average share price of $182.65 per share and the total transaction amounting to $273,975.00.
  • On 12/4/2017 Leo S. Horey III, Insider, sold 2,000 with an average share price of $181.89 per share and the total transaction amounting to $363,780.00.
  • On 6/9/2017 William M. Mclaughlin, Insider, sold 5,112 with an average share price of $193.88 per share and the total transaction amounting to $991,114.56.

About AvalonBay Communities Inc (NYSE:AVB)
As of June 30, 2018, the Company owned or held a direct or indirect ownership interest in 287 apartment communities containing 84,043 apartment homes in 12 states and the District of Columbia, of which 19 communities were under development and 16 communities were under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas primarily in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and the Northern and Southern California regions of the United States. As of June 30, 2018, the Company owned or held a direct or indirect ownership interest in 287 apartment communities containing 84,043 apartment homes in 12 states and the District of Columbia, of which 19 communities were under development and 16 communities were under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas primarily in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and the Northern and Southern California regions of the United States. More information may be found on the Company's website at http://www.avalonbay.com.

Recent Trading Activity for AvalonBay Communities Inc (NYSE:AVB)
Shares of AvalonBay Communities Inc closed the previous trading session at 172.90 up +0.11 0.064% with shares trading hands.