Essex Property Trust found using ticker (ESS) have now 22 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 325 and 219 calculating the mean target price we have 262.23. With the stocks previous close at 213.52 this would imply there is a potential upside of 22.8%. The 50 day MA is 229.1 while the 200 day moving average is 282.7. The market capitalisation for the company is $14,326m. You can visit the company’s website by visiting: https://www.essexapartmenthomes.com
The potential market cap would be $17,594m 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.
