Equity Residential – Consensus Indicates Potential 22.9% Upside

Broker Ratings
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Equity Residential found using ticker (EQR) have now 21 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 104 and 78 calculating the average target price we see 91.36. Now with the previous closing price of 74.32 this indicates there is a potential upside of 22.9%. There is a 50 day moving average of 86.2 and the 200 day moving average is 85.81. The company has a market cap of $29,576m. You can visit the company’s website by visiting: https://www.equityapartments.com

The potential market cap would be $36,357m 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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