, Tracking Stock Market Picks
Enter Symbol:
Rating: AVB
Underweight $185.50
up 68.00 %

Avalonbay Communities, Inc. (NYSE: AVB) downgraded to Underweight with price target $185.50 by BB&T Capital Mkts

Tuesday,  Nov 10, 2015  10:25 AM ET by Lynn Gilbert

BB&T Capital Mkts downgraded Avalonbay Communities, Inc. (NYSE: AVB) to Underweight with price target $185.50. Previously, BB&T Capital Mkts rated Avalonbay Communities, Inc. (NYSE: AVB) to
Buy on 04/02/2008, when the stock price was valued at $102.45. Since then, Avalonbay Communities, Inc.'s stock price has gained 68% as of 11/10/2015's recent price of $172.37.
If you had followed BB&T Capital Mkts's previous recommendation on AVB, you would have gained 68% of your investment in 2778 days.

AvalonBay Communities, Inc. is a real estate investment trust (REIT). The Company is engaged in the development, redevelopment, acquisition, ownership and operation of multifamily communities in high barrier-to-entry markets of the United States. Its markets are located in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Midwest, the Pacific Northwest, and the Northern and Southern California regions of the United States. At January 31, 2009, it owned or held a direct or indirect ownership interest in 164 operating apartment communities containing 45,728 apartment homes in ten states and the District of Columbia, of which (seven wholly owned communities containing 2,143 apartment homes were under redevelopment, and 19 communities containing 3,829 apartment homes, of which two communities containing 467 apartment homes were under redevelopment, were held by the Fund, which it manages and in which it owns a 15.2% equity interest.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.

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