Essex Property Trust, Inc. – Consensus Indicates Potential 34.6% Upside

Broker Ratings
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Essex Property Trust, Inc. found using ticker (ESS) have now 21 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 400 and 310 with the average target price sitting at 347.38. Given that the stocks previous close was at 258.07 this is indicating there is a potential upside of 34.6%. The 50 day MA is 311.17 and the 200 day moving average is 329.62. The market capitalisation for the company is $17,324m. You can visit the company’s website by visiting: https://www.essexapartmenthomes.com

The potential market cap would be $23,319m 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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