Essex Property Trust with ticker code (ESS) have now 20 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 362 and 235 with the average target price sitting at 303. With the stocks previous close at 273.81 this now indicates there is a potential upside of 10.7%. There is a 50 day moving average of 271.5 and the 200 day moving average is 320.76. The company has a market cap of $18,506m. Visit the company website at: https://www.essexapartmenthomes.com
The potential market cap would be $20,479m based on the market concensus.
Essex Property Trust, an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.
