Analysts have been eager to weigh in on the Real Estate sector with new ratings on AvalonBay (AVB – Research Report), Weyerhaeuser (WY – Research Report) and Equity Residential (EQR – Research Report).
AvalonBay (AVB)
RBC Capital analyst Brad Heffern maintained a Hold rating on AvalonBay on April 26 and set a price target of $196.00. The company’s shares closed last Friday at $191.45.
According to TipRanks.com, Heffern is ranked #532 out of 8800 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AvalonBay with a $199.38 average price target, representing a 2.9% upside. In a report issued on April 26, Scotiabank also maintained a Hold rating on the stock with a $193.00 price target.
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Weyerhaeuser (WY)
RBC Capital analyst Matt McKellar reiterated a Buy rating on Weyerhaeuser on April 26 and set a price target of $37.00. The company’s shares closed last Friday at $31.05.
According to TipRanks.com, McKellar is a 1-star analyst with an average return of
Currently, the analyst consensus on Weyerhaeuser is a Moderate Buy with an average price target of $37.50, representing a 17.2% upside. In a report released today, Goldman Sachs also maintained a Buy rating on the stock.
Equity Residential (EQR)
In a report released today, Alexander Goldfarb from Piper Sandler maintained a Hold rating on Equity Residential, with a price target of $70.00. The company’s shares closed last Friday at $65.14.
According to TipRanks.com, Goldfarb is a 3-star analyst with an average return of
Equity Residential has an analyst consensus of Moderate Buy, with a price target consensus of $67.40, which is a 3.7% upside from current levels. In a report issued on April 23, Mizuho Securities also maintained a Hold rating on the stock with a $61.00 price target.
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