Essex Property Trust – Consensus Indicates Potential 2.2% Upside

Broker Ratings

Essex Property Trust found using ticker (ESS) now have 21 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 390 and 308 calculating the mean target price we have 354.29. Now with the previous closing price of 346.5 this would indicate that there is a potential upside of 2.2%. The day 50 moving average is 335.56 while the 200 day moving average is 309.38. The market cap for the company is $22,093m. You can visit the company’s website by visiting: http://www.essexapartmenthomes.com

Essex Property Trust, an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.

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