Equity Residential with ticker code (EQR) have now 20 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 106 and 86 calculating the average target price we see 95.47. With the stocks previous close at 90.28 this would imply there is a potential upside of 5.7%. The day 50 moving average is 88.56 and the 200 moving average now moves to 86.27. The company has a market cap of $34,747m. Company Website: https://www.equityapartments.com
The potential market cap would be $36,744m 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.