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AvalonBay Communities (AVB) Stock Forecast & Price Target

AvalonBay Communities logo
$235.45 +2.55 (+1.09%)
(As of 11/26/2024 ET)

AvalonBay Communities - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
11
Buy
7

Based on 18 Wall Street analysts who have issued ratings for AvalonBay Communities in the last 12 months, the stock has a consensus rating of "Hold." Out of the 18 analysts, 11 have given a hold rating, and 7 have given a buy rating for AVB.

Consensus Price Target

$226.88
-3.64% Downside
According to the 18 analysts' twelve-month price targets for AvalonBay Communities, the average price target is $226.88. The highest price target for AVB is $255.00, while the lowest price target for AVB is $191.00. The average price target represents a forecasted downside of -3.64% from the current price of $235.45.
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AVB Analyst Ratings Over Time

TypeCurrent Forecast
11/27/23 to 11/26/24
1 Month Ago
10/28/23 to 10/27/24
3 Months Ago
8/29/23 to 8/28/24
1 Year Ago
11/27/22 to 11/27/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
7 Buy rating(s)
7 Buy rating(s)
Hold
11 Hold rating(s)
11 Hold rating(s)
11 Hold rating(s)
8 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$226.88$225.88$214.47$195.29
Forecasted Upside-3.64% Downside-0.21% Downside-3.83% Downside13.62% Upside
Consensus Rating
Hold
Hold
Hold
Hold

AVB Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AVB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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AvalonBay Communities Stock vs. The Competition

TypeAvalonBay CommunitiesFinance CompaniesS&P 500
Consensus Rating Score
2.39
2.49
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside-3.62% Downside9.47% Upside6.71% Upside
News Sentiment Rating
Positive News

See Recent AVB News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/14/2024Scotiabank
5 of 5 stars
 Lower TargetSector Perform ➝ Sector Perform$244.00 ➝ $241.00+4.41%
11/6/2024Royal Bank of Canada
4 of 5 stars
 Lower TargetSector Perform ➝ Sector Perform$234.00 ➝ $233.00+3.23%
9/16/2024Evercore ISI
2 of 5 stars
S. Sakwa
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Boost TargetIn-Line ➝ In-Line$225.00 ➝ $229.00-2.20%
9/16/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$212.00 ➝ $247.00+5.60%
9/11/2024BNP Paribas
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J. Flangos
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Initiated CoverageOutperform$250.00+9.06%
9/10/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$206.00 ➝ $249.00+9.51%
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9/5/2024Zelman & Associates
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D. Mcgill
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UpgradeHold
8/27/2024Truist Financial
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 Boost TargetHold ➝ Hold$213.00 ➝ $230.00+4.59%
8/26/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$222.00 ➝ $244.00+10.04%
8/2/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$230.00 ➝ $255.00+18.61%
7/18/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$210.00 ➝ $228.00+8.64%
5/30/2024Mizuho
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 Boost TargetNeutral ➝ Neutral$185.00 ➝ $194.00+2.87%
5/14/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$203.00 ➝ $209.00+6.15%
4/30/2024Argus
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 Boost TargetBuy ➝ Buy$188.00 ➝ $212.00+11.18%
4/29/2024Barclays
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 Boost TargetOverweight ➝ Overweight$204.00 ➝ $218.00+13.41%
2/22/2024The Goldman Sachs Group
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 Reiterated RatingNeutral$191.00+7.14%
1/5/2024KeyCorp
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 Reiterated RatingOverweight ➝ Sector Weight
1/2/2024Wolfe Research
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 DowngradeOutperform ➝ Peer Perform
10/3/2023Wedbush
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 Initiated CoverageNeutral$179.00+6.49%
9/14/2023Colliers Securities
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 UpgradeNeutral ➝ Buy$202.00+12.22%
7/18/2023BMO Capital Markets
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 Boost Target$200.00 ➝ $215.00+10.78%
5/19/2023888
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 Reiterated RatingMaintains
5/15/2023Bank of America
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 UpgradeNeutral ➝ Buy$199.00 ➝ $212.00+17.66%
2/14/2023Citigroup
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 Boost TargetNeutral$185.00 ➝ $195.00+7.62%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:46 PM ET.


Should I Buy AvalonBay Communities Stock? AVB Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, November 26, 2024. Please send any questions or comments about these AvalonBay Communities pros and cons to contact@marketbeat.com.

AvalonBay Communities
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in AvalonBay Communities, Inc.:

  • The stock is currently trading at approximately $231.79, reflecting a stable market position and potential for growth.
  • AvalonBay Communities, Inc. has a strong market capitalization of around $32.97 billion, indicating a robust financial foundation and investor confidence.
  • Recent institutional investments, such as KBC Group NV increasing its stake by 284.8%, suggest strong confidence from large investors in the company's future performance.
  • The company reported a revenue of $734.31 million in its latest quarter, exceeding expectations, which demonstrates effective management and operational efficiency.
  • With a debt-to-equity ratio of 0.70, AvalonBay Communities, Inc. maintains a balanced approach to leveraging, which can be attractive to risk-averse investors.

AvalonBay Communities
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in AvalonBay Communities, Inc. for these reasons:

  • The company missed earnings expectations in its latest report, posting an EPS of $2.61 compared to the consensus estimate of $2.71, which may raise concerns about future profitability.
  • Jennison Associates LLC recently reduced its holdings by 7.7%, indicating potential caution among institutional investors regarding the stock's performance.
  • Despite a strong market cap, the price-to-earnings ratio of 31.62 suggests that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
  • The stock has a relatively high PEG ratio of 3.35, which may indicate that the stock's price is high relative to its expected earnings growth, potentially limiting upside for investors.
  • Insider selling, such as Director Timothy J. Naughton selling 23,697 shares, could signal a lack of confidence in the company's short-term prospects.

AVB Forecast - Frequently Asked Questions

According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for AvalonBay Communities is $226.88, with a high forecast of $255.00 and a low forecast of $191.00.

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AvalonBay Communities in the last year. There are currently 11 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" AVB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AVB, but not buy additional shares or sell existing shares.

According to analysts, AvalonBay Communities's stock has a predicted downside of -3.64% based on their 12-month stock forecasts.

Over the previous 90 days, AvalonBay Communities's stock had 1 upgrade by analysts.

AvalonBay Communities has been rated by research analysts at BNP Paribas, Deutsche Bank Aktiengesellschaft, Evercore ISI, JPMorgan Chase & Co., Royal Bank of Canada, Scotiabank, and Zelman & Associates in the past 90 days.

Analysts like AvalonBay Communities less than other "finance" companies. The consensus rating score for AvalonBay Communities is 2.39 while the average consensus rating score for "finance" companies is 2.49. Learn more on how AVB compares to other companies.


This page (NYSE:AVB) was last updated on 11/26/2024 by MarketBeat.com Staff
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