Impact of Brokerage Rating on Mid-America Apartment Communities, Inc.(MAA)

Many Mid-America Apartment Communities, Inc.(MAA) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Mid-America Apartment Communities Inc was Initiated by UBS on Jan 9, 2017 to Neutral, Price Target of the shares are set at $95.Mid-America Apartment Communities Inc was Upgraded by RBC Capital Mkts on Dec 13, 2016 to Outperform, Lowers Price Target to $ 103 from a previous price target of $106 .Mid-America Apartment Communities Inc was Upgraded by Robert W. Baird on Dec 2, 2016 to Outperform, Price Target of the shares are set at $100.

Company has reported several Insider transactions to the SEC, on Jan 4, 2017, H Eric Jr Bolton (President and CEO) purchased 60 shares at 82.64 per share price.On Dec 19, 2016, Edward Thomas Wright (EVP, Dev and Cap Projects) sold 312 shares at 92.62 per share price.On Sep 4, 2015, Robert J. Delpriore (EVP, General Counsel) sold 1,040 shares at 77.67 per share price.

Mid-America Apartment Communities Inc Last issued its quarterly earnings results on Feb 1, 2017. The company reported $1.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $1.49. The company had revenue of $307.20 million for the quarter, compared to analysts expectations of $292.62 million. The companys revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.45 EPS.

Mid-America Apartment Communities, Inc. (NYSE:MAA) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.57 by 14 Brokerage Firm. 9 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold.

Mid-America Apartment Communities, Inc. (NYSE:MAA) should head towards $106.39 per share according to 13 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $98 per share. The higher price estimate target is at $115 according to the Analysts.

Mid-America Apartment Communities, Inc. (NYSE:MAA) rose 0.39% or 0.38 points on Tuesday and made its way into the gainers of the day. After trading began at $98.46 the stock was seen hitting $98.9298 as a peak level and $97.44 as the lowest level. The stock ended up at $98.79. The daily volume was measured at 747,630 shares. The 52-week high of the share price is $110.01 and the 52-week low is $85.04. The company has a market cap of $11,214 million.

Mid America Apartment Communities Inc. is a real estate investment trust which ownes and operates apartments. The company also manages but does not own properties containing apartment units. The company seeks to acquire and develop apartment communities appealing to middle and upper income residents.

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