Essex Property Trust with ticker code (ESS) now have 22 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 420 and 331 calculating the mean target price we have 365.68. Now with the previous closing price of 317.17 this indicates there is a potential upside of 15.3%. The 50 day MA is 334.36 and the 200 day moving average is 326.86. The company has a market cap of $21,331m. Company Website: https://www.essexapartmenthomes.com
The potential market cap would be $24,594m 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.
