Equity Residential found using ticker (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 with the average target price sitting at 84.32. Given that the stocks previous close was at 79.98 this is indicating there is a potential upside of 5.4%. There is a 50 day moving average of 73.51 and the 200 day MA is 82.97. The market capitalisation for the company is $31,279m. Company Website: https://www.equityapartments.com
The potential market cap would be $32,977m 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.
