Independence Realty Trust – Consensus Indicates Potential 24.3% Upside

Broker Ratings

Independence Realty Trust with ticker code (IRT) have now 13 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 30 and 19 and has a mean target at 26.12. Given that the stocks previous close was at 21.01 this is indicating there is a potential upside of 24.3%. There is a 50 day moving average of 23.51 and the 200 moving average now moves to 23.87. The market cap for the company is $4,770m. Visit the company website at: https://www.irtliving.com

The potential market cap would be $5,930m based on the market concensus.

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

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.

Find more news, interviews, share price & company profile here for:

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

    Twitter
    LinkedIn
    Facebook
    Email
    Reddit

      AIM All Share Index