# Equity Residential  Share Price Target ‘$67.00’, now 2.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/equity-residential-share-price-target-67.00-now-2.6-upside-potential/4121154305
- Published: 2024-05-01T13:40:22+01:00
- Author: Charlotte Edwards

**Equity Residential** with ticker code (EQR) have now 19 analysts in total covering
the stock. The consensus rating is pointing to ‘hold’. The target price High/Low
ranges between $73.00 and $61.00 with the average share target price sitting at 
$67.00. (at the time of writing). Given that the stocks previous close was at $65.30
this indicates there is a potential upside of 2.6%. The 50 day MA is $62.12 and 
the 200 day moving average is $61.00. The market capitalization for the company 
is 24.40B. The stock price for the company is currently is currently $64.40 USD

 The potential market cap would be $25,039,055,905 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 27.52, revenue per share of $7.65
and a 2.79% return on assets.

Equity Residential is a real estate investment trust. The Company is focused on 
the acquisition, development and management of residential properties located in
and around cities. The Company’s primary business is the acquisition, development
and management of multifamily residential properties, which includes the generation
of rental and other related income through the leasing of apartment units to residents.
It owns and operates rental apartment properties in Boston, New York, Washington,
D.C., Southern California (including Los Angeles, Orange County and San Diego), 
San Francisco, and Seattle. The Company is also focused on expanding its operations
in Denver, Atlanta, Dallas/Ft. Worth and Austin. The Company owns approximately 
308 properties located in 10 states and the District of Columbia consisting of approximately
79,597 apartment units.

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