Essex Property Trust with ticker code (ESS) have now 22 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 400 and 310 calculating the average target price we see 360.14. With the stocks previous close at 291.89 this now indicates there is a potential upside of 23.4%. There is a 50 day moving average of 334.82 while the 200 day moving average is 333.43. The company has a market cap of $20,014m. Find out more information at: https://www.essexapartmenthomes.com
The potential market cap would be $24,694m 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.