Equity Residential – Consensus Indicates Potential 8.9% Upside

Broker Ratings
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Equity Residential with ticker code (EQR) now have 22 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 102 and 70 calculating the mean target price we have 84.5. Now with the previous closing price of 77.56 this now indicates there is a potential upside of 8.9%. The 50 day moving average now sits at 75.12 and the 200 day moving average is 82.11. The market cap for the company is $29,258m. Visit the company website at: https://www.equityapartments.com

The potential market cap would be $31,876m 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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