Equity Residential with ticker code (EQR) have now 20 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 104 and 86 with a mean TP of 95.33. Now with the previous closing price of 80 this now indicates there is a potential upside of 19.2%. The day 50 moving average is 88.28 and the 200 day moving average is 86.27. The market capitalisation for the company is $31,279m. Company Website: https://www.equityapartments.com
The potential market cap would be $37,273m 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.
