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 with the average target price sitting at 84.32. Given that the stocks previous close was at 76.73 this indicates there is a potential upside of 9.9%. The 50 day MA is 73.95 and the 200 day moving average is 82.8. The market cap for the company is $29,391m. You can visit the company’s website by visiting: https://www.equityapartments.com
The potential market cap would be $32,298m 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.
