Equity Residential found using ticker (EQR) have now 20 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 106 and 86 with the average target price sitting at 95.47. With the stocks previous close at 89.62 this is indicating there is a potential upside of 6.5%. There is a 50 day moving average of 88.24 and the 200 moving average now moves to 86. The company has a market capitalisation of $35,476m. Company Website: https://www.equityapartments.com
The potential market cap would be $37,792m 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.
