Equity Residential – Consensus Indicates Potential -4.2% Downside

Broker Ratings

Equity Residential with ticker code (EQR) now have 18 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 89 and 63 with the average target price sitting at 74.22. With the stocks previous close at 77.45 this would indicate that there is a downside of -4.2%. There is a 50 day moving average of 74.05 and the 200 day moving average is 66.98. The company has a market cap of $29,629m. Company Website: http://www.equityapartments.com

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver.

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