Analysts Offer Insights on Real Estate Companies: AvalonBay (AVB) and CoStar Group (CSGP)
There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on AvalonBay (AVB) and CoStar Group (CSGP) with bullish sentiments.
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AvalonBay (AVB)
In a report issued on July 24, Marie Ferguson from Argus Research maintained a Buy rating on AvalonBay. The company’s shares closed last Tuesday at $190.39.
According to TipRanks.com, Ferguson is a 4-star analyst with an average return of
AvalonBay has an analyst consensus of Hold, with a price target consensus of $198.75, a 4.9% upside from current levels. In a report issued on July 23, Truist Financial also maintained a Buy rating on the stock.
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CoStar Group (CSGP)
Needham analyst Mayank Tandon maintained a Buy rating on CoStar Group today and set a price target of $40.00. The company’s shares closed last Tuesday at $30.33.
According to TipRanks.com, Tandon is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CoStar Group with a $40.38 average price target, representing a 35.1% upside. In a report released yesterday, BTIG also maintained a Buy rating on the stock with a $42.00 price target.
Read More on AVB:
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- AvalonBay Upgraded to Buy on Strong Q2 Beat, Raised Guidance and Strategically Compelling Equity Residential Merger
- AvalonBay price target lowered to $196 from $198 at Evercore ISI
- Closing Bell Movers: Tesla, Alphabet slide after earnings
- AvalonBay reports Q2 core FFO $2.86, consensus $2.80
- AvalonBay suspends EPS, FFO, core FFO outlook due to proposed merger
