Equity Residential with ticker code (EQR) now have 20 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 95 and 58 calculating the average target price we see 68.6. Given that the stocks previous close was at 65.88 this indicates there is a potential upside of 4.1%. The day 50 moving average is 62.11 and the 200 day moving average is 68.42. The company has a market capitalisation of $25,282m. Visit the company website at: https://www.equityapartments.com
The potential market cap would be $26,326m 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.
