▲ +29.95% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for AvalonBay Communities in the last 3 months. The average price target is $180.80, with a high forecast of $244.00 and a low forecast of $144.00. The average price target represents a 29.95% upside from the last price of $139.13.
The current consensus among 14 contributing investment analysts is to hold stock in AvalonBay Communities.
As of June 30, 2020, the Company owned or held a direct or indirect ownership interest in 295 apartment communities containing 86,380 apartment homes in 11 states and the District of Columbia, of which 19 communities were under development. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion markets consisting of Southeast Florida and Denver, Colorado (the "Expansion Markets").