Equity – Consensus Indicates Potential -2.3% Downside

Broker Ratings
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Equity found using ticker (EQC) have now 2 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 27 and 24 calculating the average target price we see 25.5. Given that the stocks previous close was at 26.09 this would imply there is a potential downside of -2.3%. The 50 day moving average now sits at 25.5 while the 200 day moving average is 26.71. The market capitalisation for the company is $2,840m. Company Website: https://www.eqcre.com

The potential market cap would be $2,775m based on the market concensus.

Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC’s same property portfolio is comprised of 4 properties and 1.5 million square feet.

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