To predict the stock price of AvalonBay Communities, Inc. (AVB) for the next trading week, we analyze both technical indicators and recent news sentiment.
The current price of AVB is $217.64, with a 14-day RSI of 45.54, indicating a neutral position. The MACD is slightly positive, suggesting mild bullish momentum. Key support and resistance levels are at $215.13 and $228.38, respectively.
AVB is a leading REIT in the apartment and self-storage market, benefiting from housing shortages and lifestyle changes. Despite weaker Q4 earnings, analysts maintain a "Moderate Buy" rating, expecting core FFO growth of 4.3% in 2025.
Based on the analysis, AVB is expected to trade between $218 and $222 next week. The stock shows potential for a slight increase, suggesting a cautious buy.
Prediction: $222
Recommendation: Buy
The price of AVB is predicted to go up 0.9%, based on the high correlation periods with EQR. The similarity of these two price pattern on the periods is 93.93%.
AVB
EQR
AvalonBay has a history of finding accretive development opportunities to bolster its growth prospects.
AvalonBay's portfolio of high quality assets should see relatively consistent levels of demand long term from high-income earners and will likely see just a small hit to fundamentals during the current pandemic as most residents have not experienced job losses.
While current supply deliveries are near peak levels, rising construction costs and tighter lending standards should lead to lower supply growth.
Truist Securities
2025-03-10
Price Target
$229 → $230
Upside
+6.3%
Barclays
2025-02-19
Price Target
$230 → $226
Upside
+3.46%
Piper Sandler
2025-02-11
Price Target
$270 → $265
Upside
+21.38%