Independence Realty Trust – Consensus Indicates Potential 57.7% Upside

Broker Ratings

Independence Realty Trust found using ticker (IRT) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 30 and 20 with a mean TP of 25.17. With the stocks previous close at 15.96 this would imply there is a potential upside of 57.7%. The 50 day MA is 18.7 and the 200 moving average now moves to 22.46. The market capitalisation for the company is $3,548m. You can visit the company’s website by visiting:

The potential market cap would be $5,595m 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:


      AIM All Share Index