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BMO Capital Markets upgraded Mid-America Apartment Communities Inc (NYSE:MAA) to Outperform in a report released today.

BMO Capital Markets has upgraded Mid-America Apartment Communities Inc (NYSE:MAA) to Outperform in a report released on 11/30/2016.

Previously on 2/11/2016, D. A. Davidson reported on Mid-America Apartment Communities Inc (NYSE:MAA) increased the target price from $0.00 to $97.00. At the time, this indicated a possible upside of 0.15%.

Yesterday Mid-America Apartment Communities Inc (NYSE:MAA) traded -0.01% lower at $93.81. The company’s 50-day moving average is $91.22 and its 200-day moving average is $97.57. The last closing price is down -3.86% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 136,801 shares of the stock traded hands, down from an average trading volume of 713,197

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Mid-America Apartment Communities Inc (NYSE:MAA)

Mid-America Apartment Communities Inc has a 52 week low of $82.91 and a 52 week high of $110.01 with a P/E ratio of 32.80 Mid-America Apartment Communities Inc’s market capitalization is presently $0.

A total of 14 equity analysts have released a ratings update on MAA. Two equity analysts rating the company a strong buy, 3 firms rating the stock a buy, 13 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $104.29.

Brief Synopsis On Mid-America Apartment Communities Inc (NYSE:MAA)

Mid-America Apartment Communities, Inc. (MAA) is a multifamily focused, self-administered and self-managed real estate investment trust (REIT). The Company's segments include Large market same store communities segment, including communities in markets with a population of approximately one million and approximately 1% of the total public multifamily REIT units that it has owned and that have been stabilized for over 12 months; Secondary market same store communities segment, including communities in markets with populations of approximately one million with over 1% of the total public multifamily REIT units or markets with populations of approximately one million that it has owned and that have been stabilized for approximately 12 months, and Non same store communities and other segment, including recent acquisitions, communities in development or lease-up, communities that have been identified for disposition, and communities that have undergone a significant casualty loss.

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