Empire State Realty Trust Inc has a consensus price target of $9.8 based on the ratings of 6 analysts. The high is $13 issued by BMO Capital on November 15, 2024. The low is $8 issued by Keybanc on January 13, 2022. The 3 most-recent analyst ratings were released by BMO Capital, Wells Fargo, and BMO Capital on November 15, 2024, September 11, 2024, and July 19, 2024, respectively. With an average price target of $11.67 between BMO Capital, Wells Fargo, and BMO Capital, there's an implied 14.94% upside for Empire State Realty Trust Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Empire State Realty Trust (NYSE:ESRT) was reported by BMO Capital on November 15, 2024. The analyst firm set a price target for $13.00 expecting ESRT to rise to within 12 months (a possible 28.08% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Empire State Realty Trust (NYSE:ESRT) was provided by BMO Capital, and Empire State Realty Trust maintained their outperform rating.
The last upgrade for Empire State Realty Trust Inc happened on May 23, 2023 when Evercore ISI Group raised their price target to $8. Evercore ISI Group previously had an in-line for Empire State Realty Trust Inc.
The last downgrade for Empire State Realty Trust Inc happened on November 27, 2023 when Evercore ISI Group changed their price target from N/A to $9 for Empire State Realty Trust Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Empire State Realty Trust, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Empire State Realty Trust was filed on November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.
While ratings are subjective and will change, the latest Empire State Realty Trust (ESRT) rating was a maintained with a price target of $12.00 to $13.00. The current price Empire State Realty Trust (ESRT) is trading at is $10.15, which is out of the analyst’s predicted range.
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