Investment Analysts’ Weekly Ratings Changes for Essex Property Trust (ESS)
Several investment firms have updated their stock ratings and price targets on shares of Essex Property Trust (NYSE: ESS) in the last week:
- Essex Property Trust had its “neutral” rating reaffirmed by analysts at Citigroup Inc.. They now have a $190.00 price target on the stock, up previously from $170.00.
- Essex Property Trust was upgraded by analysts at RBC Capital from a “sector perform” rating to an “outperform” rating. They now have a $214.00 price target on the stock, up previously from $188.00.
- Essex Property Trust had its price target raised by analysts at Jefferies Group from $187.00 to $195.00.
- Essex Property Trust had its price target raised by analysts at Cowen and Company from $5.00 to $205.00.
Essex Property Trust Inc (NYSE:ESS) opened at 193.33 on Thursday. Essex Property Trust Inc has a 52-week low of $137.53 and a 52-week high of $193.92. The stock has a 50-day moving average of $189.5 and a 200-day moving average of $177.. The company has a market cap of $12.274 billion and a price-to-earnings ratio of 65.93.
Essex Property Trust (NYSE:ESS) last announced its earnings results on Wednesday, August 6th. The company reported $1.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.64 by $0.08. During the same quarter in the previous year, the company posted $1.88 earnings per share. On average, analysts predict that Essex Property Trust Inc will post $7.35 earnings per share for the current fiscal year.
Essex Property Trust, Inc (NYSE:ESS) operates as a self-administered and self-managed real estate investment trust (REIT).
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