The latest price target for Independence Realty Trust (NYSE:IRT) was reported by BMO Capital on November 15, 2024. The analyst firm set a price target for $21.00 expecting IRT to fall to within 12 months (a possible -3.45% downside). 11 analyst firms have reported ratings in the last year.

The latest analyst rating for Independence Realty Trust (NYSE:IRT) was provided by BMO Capital, and Independence Realty Trust upgraded their market perform rating.

The last upgrade for Independence Realty Trust Inc happened on November 15, 2024 when BMO Capital raised their price target to $21. BMO Capital previously had an underperform for Independence Realty Trust Inc.

The last downgrade for Independence Realty Trust Inc happened on December 15, 2023 when BMO Capital changed their price target from N/A to $15 for Independence 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 Independence 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 Independence 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 Independence Realty Trust (IRT) rating was a upgraded with a price target of $19.00 to $21.00. The current price Independence Realty Trust (IRT) is trading at is $21.75, which is out of the analyst’s predicted range.