Essex Property Trust found using ticker (ESS) have now 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 351 and 247 and has a mean target at 312.55. Now with the previous closing price of 265.98 this now indicates there is a potential upside of 17.5%. The day 50 moving average is 275.04 and the 200 day MA is 312.68. The company has a market capitalisation of $18,183m. Company Website: https://www.essexapartmenthomes.com
The potential market cap would be $21,366m 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.
