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Analysts Offer Insights on Real Estate Companies: AvalonBay (AVB) and Cubesmart (CUBE)

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on AvalonBay (AVBResearch Report) and Cubesmart (CUBEResearch Report) with bullish sentiments.

AvalonBay (AVB)

In a report released today, John Kim from BMO Capital maintained a Buy rating on AvalonBay, with a price target of $200.00. The company’s shares closed last Thursday at $191.32.

According to TipRanks.com, Kim is a 3-star analyst with an average return of 0.7% and a 48.8% success rate. Kim covers the NA sector, focusing on stocks such as Rexford Industrial Realty, Plymouth Industrial Reit, and Apartment Income REIT.

Currently, the analyst consensus on AvalonBay is a Moderate Buy with an average price target of $196.50.

See today’s best-performing stocks on TipRanks >>

Cubesmart (CUBE)

BMO Capital analyst Juan C. Sanabria maintained a Buy rating on Cubesmart today and set a price target of $50.00. The company’s shares closed last Thursday at $41.38.

According to TipRanks.com, Sanabria is a 1-star analyst with an average return of -2.4% and a 41.2% success rate. Sanabria covers the NA sector, focusing on stocks such as Retail Opportunity Investments, National Health Investors, and Healthpeak Properties.

The word on The Street in general, suggests a Hold analyst consensus rating for Cubesmart with a $46.89 average price target.

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