Essex Property Trust – Consensus Indicates Potential 8.4% Upside

Broker Ratings
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Essex Property Trust with ticker code (ESS) have now 22 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 420 and 331 and has a mean target at 366.45. With the stocks previous close at 338.19 this now indicates there is a potential upside of 8.4%. The day 50 moving average is 330.95 and the 200 day moving average is 330.14. The company has a market capitalisation of $22,842m. Find out more information at: https://www.essexapartmenthomes.com

The potential market cap would be $24,751m 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.

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