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BidaskClub upgraded Apartment Investment and Management Co (NYSE:AIV) to Hold in a statement released today.

BidaskClub has upgraded Apartment Investment and Management Co (NYSE:AIV) to Hold in a report released on 7/04/2017.

Only yesterday Apartment Investment and Management Co (NYSE:AIV) traded -0.57% lower at $43.18. Apartment Investment and Management Co’s 50-day average is $44.38 and its two hundred day average is $44.25. With the last stock price close down 2.04% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 907,367 shares of AIV traded hands, down from an average trading volume of 1,144,320

Performance Chart

Apartment Investment and Management Co (NYSE:AIV)

With a total market value of $0, Apartment Investment and Management Co has price-earnings ratio of 35.55 with a one year low of $39.66 and a one year high of $47.91 .

Also covering Apartment Investment and Management Co's price target, a total of 15 brokers have issued a research note on the company. The average stock price target is $43.93 with five analysts rating the company a strong buy, 5 firms rating the stock a buy, 8 equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly 0 brokers rating the stock a sell.

General Information About Apartment Investment and Management Co (NYSE:AIV)

Apartment Investment and Management Company (Aimco) is a self-administered and self-managed real estate investment trust (REIT). Aimco, through its subsidiaries, AIMCO-GP, Inc. and AIMCO-LP Trust, holds the ownership interests in the Aimco Operating Partnership. It operates through two segments: conventional real estate and affordable real estate. As of December 31, 2016, its real estate portfolio consisted of 189 apartment communities with 46,311 apartment homes. Aimco Operating Partnership conducts the Company's business, which is focused on the ownership, management, redevelopment and limited development of apartment communities located in the coastal and job growth markets of the United States. Its Conventional segment consists of apartment communities it classifies as Conventional Same Store and Conventional Non-Same Store. Its affordable portfolio consists primarily of apartment communities that it manages that are owned through low-income housing tax credit partnerships.

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