Essex Property Trust with ticker code (ESS) have now 20 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 362 and 235 calculating the average target price we see 304.1. With the stocks previous close at 279.89 this would indicate that there is a potential upside of 8.6%. There is a 50 day moving average of 270.53 while the 200 day moving average is 319.53. The company has a market capitalisation of $18,663m. Visit the company website at: https://www.essexapartmenthomes.com
The potential market cap would be $20,277m 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.
