Equity Residential – Consensus Indicates Potential 6.1% Upside

Broker Ratings
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Equity Residential with ticker code (EQR) have now 23 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 104 and 86 calculating the mean target price we have 93.74. Now with the previous closing price of 88.34 this now indicates there is a potential upside of 6.1%. The 50 day moving average now sits at 88.09 while the 200 day moving average is 82.37. The company has a market cap of $32,859m. Company Website: https://www.equityapartments.com

The potential market cap would be $34,867m 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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