Essex Property Trust found using ticker (ESS) have now 20 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 362 and 235 with a mean TP of 304.8. Now with the previous closing price of 262.58 this would imply there is a potential upside of 16.1%. The day 50 moving average is 273.86 and the 200 moving average now moves to 322.15. The company has a market cap of $18,026m. You can visit the company’s website by visiting: https://www.essexapartmenthomes.com
The potential market cap would be $20,924m 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.
