Equity Residential with ticker code (EQR) have now 22 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 102 and 70 calculating the average target price we see 84.5. With the stocks previous close at 74.72 this now indicates there is a potential upside of 13.1%. The 50 day moving average now sits at 74.6 while the 200 day moving average is 82.56. The company has a market capitalisation of $28,763m. Find out more information at: https://www.equityapartments.com
The potential market cap would be $32,527m 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.