Essex Property Trust found using ticker (ESS) have now 22 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 420 and 340 with a mean TP of 369.45. Given that the stocks previous close was at 348.09 this is indicating there is a potential upside of 6.1%. The day 50 moving average is 338.21 while the 200 day moving average is 334.77. The market capitalisation for the company is $23,295m. Visit the company website at: https://www.essexapartmenthomes.com
The potential market cap would be $24,724m 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.
