Equity Residential – Consensus Indicates Potential 7.9% Upside

Broker Ratings
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Equity Residential found using ticker (EQR) now have 20 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 75 and 58 calculating the average target price we see 66.95. With the stocks previous close at 62.06 this now indicates there is a potential upside of 7.9%. There is a 50 day moving average of 61.45 and the 200 moving average now moves to 70.09. The market capitalisation for the company is $24,948m. You can visit the company’s website by visiting: https://www.equityapartments.com

The potential market cap would be $26,914m 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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