Essex Property Trust with ticker code (ESS) have now 22 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 351 and 247 calculating the average target price we see 311.27. Given that the stocks previous close was at 257.52 this would imply there is a potential upside of 20.9%. The day 50 moving average is 275.57 and the 200 day MA is 308.79. The company has a market capitalisation of $16,924m. Find out more information at: https://www.essexapartmenthomes.com
The potential market cap would be $20,456m 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.
