Apartment Investment and Management Company (NYSE:AIV) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.29 by 14 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 7 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Major Brokerage house, SunTrust Robinson Humphrey downgrades its ratings on Apartment Investment and Management Company (NYSE:AIV). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on June 2, 2016.
Apartment Investment and Management Company (NYSE:AIV): 11 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $43.27 in Apartment Investment and Management Company (NYSE:AIV). However, the stock price could fluctuate by $ 2.87 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $47 price target with the lower price estimate is calculated at $38
Apartment Investment and Management Company (NYSE:AIV) rose 0.55% or 0.23 points on Tuesday and made its way into the gainers of the day. After trading began at $41.55 the stock was seen hitting $41.86 as a peak level and $41.55 as the lowest level. The stock ended up at $41.74. The daily volume was measured at 1,184,056 shares. The 52-week high of the share price is $43.62 and the 52-week low is $34.71. The company has a market cap of $6,537 million.
Shares of Apartment Investment and Management Company rose by 1.95% in the last five trading days and 0.51% for the last 4 weeks. Apartment Investment and Management Company is up 3.98% in the last 3-month period. Year-to-Date the stock performance stands at 6.05%.
Apartment Investment and Management Company (Aimco) is a self-administered and self-managed real estate investment trust (REIT). The Company operates through two segments: conventional real estate and affordable real estate. As of December 31, 2014, the Companys conventional portfolio consisted of 144 apartment communities with 43,393 apartment homes in , which it held an average ownership of approximately 97%. It also operates a portfolio of affordable apartment communities, which consists of apartments with rents that are generally paid, in whole or part, by a government agency. As of December 31, 2014, its affordable portfolio consisted of 59 apartment communities with 8,943 apartment homes in , which it held an average ownership of approximately 93%. Aimco, through its wholly owned subsidiaries, AIMCO-GP, Inc. and AIMCO-LP Trust, owns the ownership interests in the Aimco Operating Partnership.