Avalonbay Communities (AVB) reversal incoming!
Trade plan:
Buy long - $220-$225
Stop loss - $214
Target - $240 resistance
AvalonBay Communities (AVB) -
For the six months ended 30 June 2021, AvalonBay Communities Inc revenues decreased 6% to 1.11B. Net income applicable to common stockholders increased 74% to 588.9M. Revenues reflect NAREIT FFO - Per Share - Diluted - Total decrease of 13% to $1.96. Net income reflects Development/Redevelopment segment income increase from7.1M to 20M, Other Stablized segment income increase of 11% to 36M.
Wells Fargo analyst Tammi Fique maintains AvalonBay Communities (NYSE:AVB) with a Overweight and raises the price target from $225 to $242.
According to 10 analyst offering 12-month price targets in the last 3 months, AvalonBay Communities has an average price target of $236.1 with a high of $285.00 and a low of $218.00.
AVB has been on a decline for the past month but has been in trending up for approximately 1 year.
It has reached support at $220
Resistance is at $240
Buyers at all time low since April '20 but recently demonstrated buyers stepping up
Buy long - $220-$225
Stop loss - $214
Target - $240 resistance
AvalonBay Communities (AVB) -
For the six months ended 30 June 2021, AvalonBay Communities Inc revenues decreased 6% to 1.11B. Net income applicable to common stockholders increased 74% to 588.9M. Revenues reflect NAREIT FFO - Per Share - Diluted - Total decrease of 13% to $1.96. Net income reflects Development/Redevelopment segment income increase from7.1M to 20M, Other Stablized segment income increase of 11% to 36M.
Wells Fargo analyst Tammi Fique maintains AvalonBay Communities (NYSE:AVB) with a Overweight and raises the price target from $225 to $242.
According to 10 analyst offering 12-month price targets in the last 3 months, AvalonBay Communities has an average price target of $236.1 with a high of $285.00 and a low of $218.00.
AVB has been on a decline for the past month but has been in trending up for approximately 1 year.
It has reached support at $220
Resistance is at $240
Buyers at all time low since April '20 but recently demonstrated buyers stepping up
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.