Equity Residential – Consensus Indicates Potential 9.9% Upside

Broker Ratings
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Equity Residential found using ticker (EQR) now have 20 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 106 and 86 with the average target price sitting at 94.9. With the stocks previous close at 86.38 this now indicates there is a potential upside of 9.9%. The 50 day MA is 88.02 and the 200 day moving average is 84.66. The market capitalisation for the company is $34,244m. Company Website: https://www.equityapartments.com

The potential market cap would be $37,622m 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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