Analysts Offer Insights on Financial Companies: AFLAC (NYSE: AFL), AvalonBay (NYSE: AVB) and Blackrock (NYSE: BLK)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on AFLAC (AFLResearch Report), AvalonBay (AVBResearch Report) and Blackrock (BLKResearch Report).

AFLAC (AFL)

In a report released today, Nigel Dally from Morgan Stanley maintained a Buy rating on AFLAC, with a price target of $63.00. The company’s shares closed last Thursday at $54.95, close to its 52-week high of $57.64.

According to TipRanks.com, Dally is a 5-star analyst with an average return of 19.6% and a 67.8% success rate. Dally covers the Financial sector, focusing on stocks such as American Equity Investment Life, Jackson Financial Incorporation, and Brighthouse Financial.

Currently, the analyst consensus on AFLAC is a Moderate Buy with an average price target of $59.33, representing an 8.8% upside. In a report issued on October 8, Piper Sandler also maintained a Buy rating on the stock with a $63.00 price target.

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AvalonBay (AVB)

In a report released today, Richard Hill from Morgan Stanley maintained a Hold rating on AvalonBay, with a price target of $242.00. The company’s shares closed last Thursday at $230.78, close to its 52-week high of $233.48.

According to TipRanks.com, Hill is a 2-star analyst with an average return of 0.3% and a 61.5% success rate. Hill covers the Financial sector, focusing on stocks such as Phillips Edison & Company, Equity Residential, and Invitation Homes.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AvalonBay with a $239.40 average price target, implying a 4.3% upside from current levels. In a report issued on October 11, UBS also maintained a Hold rating on the stock with a $237.00 price target.

Blackrock (BLK)

Morgan Stanley analyst Michael Cyprys maintained a Buy rating on Blackrock today and set a price target of $1026.00. The company’s shares closed last Thursday at $885.00.

According to TipRanks.com, Cyprys is a 4-star analyst with an average return of 10.1% and a 63.9% success rate. Cyprys covers the Financial sector, focusing on stocks such as BrightSphere Investment Group, Virtus Investment Partners, and Intercontinental Exchange.

Currently, the analyst consensus on Blackrock is a Strong Buy with an average price target of $975.40, which is a 10.6% upside from current levels. In a report issued on October 8, UBS also maintained a Buy rating on the stock with a $978.00 price target.

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