Essex Property Trust found using ticker (ESS) now have 22 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 420 and 331 and has a mean target at 366.45. Now with the previous closing price of 349.89 this would imply there is a potential upside of 4.7%. The 50 day moving average now sits at 331.88 and the 200 moving average now moves to 331.92. The market capitalisation for the company is $23,580m. Company Website: https://www.essexapartmenthomes.com
The potential market cap would be $24,696m 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.
