Equity Residential with ticker code (EQR) have now 20 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 106 and 86 calculating the mean target price we have 94.9. Given that the stocks previous close was at 87.77 this would imply there is a potential upside of 8.1%. There is a 50 day moving average of 88.36 and the 200 day MA is 84.34. The market cap for the company is $33,568m. Visit the company website at: https://www.equityapartments.com
The potential market cap would be $36,295m 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.
