Brokerage Firm Rating Update on Mid-America Apartment Communities (MAA)

Mid-America Apartment Communities (MAA) : 5 brokerage houses believe that Mid-America Apartment Communities (MAA) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Mid-America Apartment Communities (MAA). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 13 Wall Street Analysts endorse the stock as a Buy with a rating of 2.15.

Mid-America Apartment Communities (MAA) : 12 Wall Street analysts covering Mid-America Apartment Communities (MAA) believe that the average level the stock could reach for the short term is $108.58. The maximum price target given is $119 and the minimum target for short term is around $98, hence the standard deviation is calculated at $6.86.


Company shares have received an average consensus rating of Hold for the current week Also, BTIG Research initiates coverage on Mid-America Apartment Communities (NYSE:MAA) The current rating of the shares is Neutral. The rating by the firm was issued on August 25, 2016.

Mid-America Apartment Communities (NYSE:MAA): stock was range-bound between the intraday low of $94.9 and the intraday high of $95.98 after having opened at $95.98 on Wednesdays session. The stock finally closed in the red at $95.98, a loss of -0.50%. The stock remained in the red for the whole trading day. The total traded volume was 743,853 shares. The stock failed to cross $95.98 in Wednesdays trading. The stocks closing price on Thursday was $95.98.

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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