Jefferies (NYSE:JEF) analyst Jonathan Petersen maintained a Hold rating on Apartment Investment & Management on Monday, setting a price target of $39, which is approximately 9.55% above the present share price of $35.6.
Petersen expects Apartment Investment & Management to post earnings per share (EPS) of $0.26 for the third quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Hold rating of shares in Apartment Investment & Management, with an average price target of $40.
The analysts price targets range from a high of $44 to a low of $37.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $218.81 million and a net profit of $31.94 million. The company's market cap is $5.3 billion.
According to TipRanks.com, Jefferies analyst Jonathan Petersen is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.2% and a 72.59% success rate.
Apartment Investment & Management Co (NYSE:AIV). operates as a real estate investment trust that engages in the acquisition, ownership, management and redevelopment of apartment properties. The company was founded by Terry Considine in 1975 and is headquartered in Denver, CO.