Essex Property Trust – Consensus Indicates Potential 23.3% Upside

Broker Ratings

Essex Property Trust found using ticker (ESS) have now 22 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 400 and 310 with the average target price sitting at 354. With the stocks previous close at 287.22 this is indicating there is a potential upside of 23.3%. The 50 day MA is 329.42 while the 200 day moving average is 332.41. The market capitalisation for the company is $19,124m. Find out more information at: https://www.essexapartmenthomes.com

The potential market cap would be $23,570m based on the market concensus.

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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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