Companies in the Financial sector have received a lot of coverage today as analysts weigh in on AvalonBay (AVB – Research Report) and Citigroup (C – Research Report).
AvalonBay (AVB)
RBC Capital analyst Brad Heffern maintained a Hold rating on AvalonBay yesterday and set a price target of $251.00. The company’s shares closed last Thursday at $245.91, close to its 52-week high of $249.79.
According to TipRanks.com, Heffern is ranked #298 out of 7739 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AvalonBay with a $256.20 average price target, a 2.9% upside from current levels. In a report issued on December 2, J.P. Morgan also maintained a Hold rating on the stock with a $258.00 price target.
See today’s best-performing stocks on TipRanks >>
Citigroup (C)
RBC Capital analyst Gerard Cassidy maintained a Buy rating on Citigroup on December 15 and set a price target of $73.00. The company’s shares closed last Thursday at $61.07, close to its 52-week low of $57.40.
According to TipRanks.com, Cassidy is a top 25 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Citigroup with a $79.43 average price target, a 30.0% upside from current levels. In a report issued on December 10, Credit Suisse also maintained a Buy rating on the stock with a $76.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on AVB:
- Analysts Offer Insights on Utilities Companies: APA (APA), Cenovus Energy (CVE) and Chevron (CVX)
- Warburg Research Downgrades Deutsche Wohnen (DWHHF) to Sell
- HEXO (HEXO) Receives a Sell from ATB Capital Markets
- Meiragtx Holdings (MGTX) Received its Third Buy in a Row
- ProQR (PRQR) Gets a Buy Rating from JMP Securities
