Wall Street is neutral on Preferred Apartment Communities Inc. (APTS). On average, analysts give Preferred Apartment Communities Inc. a Sell rating. The average price target is $12.166, which means analysts expect the stock to rise by 51.13% over the next twelve months.
That average ranking earns Preferred Apartment Communities Inc. an Analyst Rating of 7, which is better than 7% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve.
Investors Observer combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.
What's Happening With Preferred Apartment Communities Inc. Stock Today?
Preferred Apartment Communities Inc. (APTS) stock is trading at $8.05 as of 1:15 PM on Tuesday, Jun 16, a gain of $0.08, or 1% from the previous closing price of $7.97. The stock has traded between $7.80 and $8.27 so far today. Volume today is low. So far 289,362 shares have traded compared to average volume of 640,901 shares.
