Essex Property Trust with ticker code (ESS) now have 22 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 420 and 340 calculating the mean target price we have 369.5. Now with the previous closing price of 319.36 this is indicating there is a potential upside of 15.7%. The day 50 moving average is 339.7 and the 200 day MA is 334.93. The market capitalisation for the company is $21,779m. Company Website: https://www.essexapartmenthomes.com
The potential market cap would be $25,198m 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.
