Independence Realty Trust – Consensus Indicates Potential 1.0% Upside

Broker Ratings

Independence Realty Trust found using ticker (IRT) have now 9 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 29 and 19 with a mean TP of 24.86. Now with the previous closing price of 24.61 this now indicates there is a potential upside of 1.0%. The 50 day MA is 22 while the 200 day moving average is 19.49. The market cap for the company is $2,594m. Company Website:

Independence Realty Trust (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT’s investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.

You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.

Share on Stocktwits
You might also enjoy reading  Independence Realty Trust - Consensus Indicates Potential 3.5% Upside

Good news travels fast (but only if you make that happen):

Share on twitter
Share on linkedin
Share on facebook
Share on email
Share on reddit

AIM All Share Index