Equity Residential with ticker code (EQR) have now 21 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 102 and 64 calculating the average target price we see 83.05. Given that the stocks previous close was at 76.48 this now indicates there is a potential upside of 8.6%. The 50 day moving average now sits at 73.29 and the 200 day moving average is 83.37. The company has a market capitalisation of $29,469m. You can visit the company’s website by visiting: https://www.equityapartments.com
The potential market cap would be $32,000m 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.
