Mid-America Apartment Communities (MAA) Receives Analyst Rating

Mid-America Apartment Communities (MAA) : The consensus on Mid-America Apartment Communities (MAA) based on 13 analyst recommendation on the company stock is 2.15, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Mid-America Apartment Communities (MAA) : 12 investment research analysts covering Mid-America Apartment Communities (MAA) have an average price target of $108.58 for the near short term. The highest target price given by the Brokerage Firm to the stock is $119 and the lowest target is $98 for the short term. Analysts expect the variance to be within $6.86 of the average price.


Also, BTIG Research initiates coverage on Mid-America Apartment Communities (NYSE:MAA) . Analysts at the BTIG Research have a current rating of Neutral on the shares. The rating by the firm was issued on August 25, 2016.

Mid-America Apartment Communities (NYSE:MAA): The stock opened in the green at $92.83 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $93.17 and a low of $92.135 for the day. The stock did not find buyers even at the lows and closed at $92.74 recording a loss of -0.25%. 581,773 shares exchanged hands during the trading day. The stock had closed at $92.97 in the previous days trading.

Mid-America Apartment Communities, Inc. is a multifamily focused, self-administered and self-managed Real Estate Investment Trust (REIT). The Company is the general partner of Mid-America Apartments, L.P. The Company owns, operates, acquires and develops apartment communities primarily located in the Southeast and Southwest regions of the United States. The Companys segments include large market same store communities, secondary market same store communities and non-same store communities and other. As of December 31, 2014, the Companys activities include full or partial ownership and operation of 268 multi-family properties and three commercial properties, located in Alabama, Arizona, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, Nevada, North Carolina, South Carolina, Tennessee, Texas and Virginia.

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