Essex Property Trust found using ticker (ESS) now have 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 351 and 247 calculating the average target price we see 310.59. Given that the stocks previous close was at 240.98 this would imply there is a potential upside of 28.9%. The 50 day MA is 274.22 and the 200 day moving average is 306.85. The company has a market capitalisation of $16,064m. Find out more information at: https://www.essexapartmenthomes.com
The potential market cap would be $20,705m 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.
