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RBC Capital Sticks to Its Hold Rating for Mid-America Apartment (MAA)
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RBC Capital Sticks to Its Hold Rating for Mid-America Apartment (MAA)

RBC Capital analyst Brad Heffern maintained a Hold rating on Mid-America Apartment (MAAResearch Report) on December 14 and set a price target of $136.00. The company’s shares closed yesterday at $134.52.

According to TipRanks, Heffern is ranked #585 out of 8549 analysts.

In addition to RBC Capital, Mid-America Apartment also received a Hold from Piper Sandler’s Alexander Goldfarb in a report issued yesterday. However, on November 28, BTIG maintained a Buy rating on Mid-America Apartment (NYSE: MAA).

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MAA market cap is currently $16.59B and has a P/E ratio of 27.66.

Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MAA in relation to earlier this year.

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.

Mid-America Apartment (MAA) Company Description:

Mid-America Apartment Communities, Inc. is a real estate investment trust. The firm engages in the operation, acquisition and development of apartment communities. It operates through the following segments: Same Store Communities and Non-Same Store and Other. The Same Store Communities segment focuses on communities that the company has owned. The Non-Same Store and Other segment include recent acquisitions, communities in development or lease-up. The company was founded in 1994 and is headquartered in Memphis, TN.

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