Equity Residential – Consensus Indicates Potential 11.1% Upside

Broker Ratings
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Equity Residential found using ticker (EQR) now have 20 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 106 and 86 with a mean TP of 94.8. Now with the previous closing price of 85.3 this is indicating there is a potential upside of 11.1%. The 50 day moving average now sits at 88.49 and the 200 day moving average is 84.04. The company has a market cap of $32,612m. You can visit the company’s website by visiting: https://www.equityapartments.com

The potential market cap would be $36,244m based on the market concensus.

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver.

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