Equity Residential – Consensus Indicates Potential 29.0% Upside

Broker Ratings
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Equity Residential found using ticker (EQR) now have 21 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 104 and 78 with the average target price sitting at 89.45. Given that the stocks previous close was at 69.33 this indicates there is a potential upside of 29.0%. The 50 day moving average now sits at 80.83 and the 200 day MA is 85.03. The market cap for the company is $26,830m. Visit the company website at: https://www.equityapartments.com

The potential market cap would be $34,616m 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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