Essex Property Trust, Inc. – Consensus Indicates Potential 1.6% Upside

Broker Ratings
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Essex Property Trust, Inc. found using ticker (ESS) now have 19 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 273 and 195 with a mean TP of 240.53. Given that the stocks previous close was at 236.83 this would imply there is a potential upside of 1.6%. The day 50 moving average is 220.62 and the 200 day moving average is 247.72. The company has a market capitalisation of $15,477m. Visit the company website at: https://www.essexapartmenthomes.com

The potential market cap would be $15,719m based on the market concensus.

Essex Property Trust, Inc., 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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