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Analysts Offer Insights on Real Estate Companies: AvalonBay (AVB), Ventas (VTR) and Public Storage (PSA)

Tipranks - Wed Apr 29, 8:44AM CDT

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on AvalonBay (AVB), Ventas (VTR) and Public Storage (PSA).

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AvalonBay (AVB)

In a report released today, Steve Sakwa from Evercore ISI maintained a Hold rating on AvalonBay, with a price target of $191.00. The company’s shares closed last Tuesday at $178.00, close to its 52-week low of $177.40.

According to TipRanks.com, Sakwa is a 2-star analyst with an average return of 0.0% and a 50.4% success rate. Sakwa covers the NA sector, focusing on stocks such as National Storage Affiliates, COPT Defense Properties, and Four Corners Property. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AvalonBay with a $192.46 average price target, representing a 10.4% upside. In a report issued on April 13, RBC Capital also maintained a Hold rating on the stock with a $180.00 price target.

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Ventas (VTR)

In a report released today, James Kammert from Evercore ISI maintained a Buy rating on Ventas, with a price target of $94.00. The company’s shares closed last Tuesday at $86.66.

According to TipRanks.com, Kammert is a 3-star analyst with an average return of 3.1% and a 61.3% success rate. Kammert covers the NA sector, focusing on stocks such as Essential Properties Realty, Healthpeak Properties, and Four Corners Property. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ventas with a $92.60 average price target, which is a 9.3% upside from current levels. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a $100.00 price target.

Public Storage (PSA)

In a report released today, Michael Griffin CFA from Evercore ISI maintained a Hold rating on Public Storage, with a price target of $309.00. The company’s shares closed last Tuesday at $309.76.

According to TipRanks.com, CFA is a 2-star analyst with an average return of 3.0% and a 81.3% success rate. CFA covers the NA sector, focusing on stocks such as Rexford Industrial Realty, Phillips Edison & Company, and Eastgroup Properties. ;'>

Currently, the analyst consensus on Public Storage is a Moderate Buy with an average price target of $311.50, which is a 2.0% upside from current levels. In a report issued on April 18, TipRanks – Google also downgraded the stock to Hold with a $334.00 price target.

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