Essex Property Trust with ticker code (ESS) have now 22 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 420 and 331 and has a mean target at 366.55. With the stocks previous close at 316.35 this indicates there is a potential upside of 15.9%. The day 50 moving average is 339.5 and the 200 day moving average is 325.46. The company has a market cap of $21,491m. You can visit the company’s website by visiting: https://www.essexapartmenthomes.com
The potential market cap would be $24,901m 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.
