Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
$19.00
-1.55-7.54%
At close: -
$19.00
0.000.00%
After Hours: Apr 4, 4:00 PM EDT
Comments
Loading...
Independence Realty Trust Analyst Ratings and Price Targets | NYSE:IRT | Benzinga
Independence Realty Trust Inc has a consensus price target of $21.43 based on the ratings of 14 analysts. The high is $25 issued by JMP Securities on February 14, 2025. The low is $17 issued by Baird on March 12, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Jefferies, and Barclays on March 19, 2025, March 10, 2025, and February 19, 2025, respectively. With an average price target of $22.67 between Wells Fargo, Jefferies, and Barclays, there's an implied 19.30% upside for Independence Realty Trust Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Wells Fargo
Jefferies
Barclays
JMP Securities
BMO Capital
1calculated from analyst ratings
Analyst Ratings for Independence Realty Trust
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 03/19/2025 | Buy Now | 26.32% | Wells Fargo | Cooper Clark52% | → $24 | Initiates | → Overweight | Get Alert |
| 03/10/2025 | Buy Now | 26.32% | Jefferies | Linda Tsai60% | $20 → $24 | Upgrade | Hold → Buy | Get Alert |
| 02/19/2025 | Buy Now | 5.26% | Barclays | Richard Hightower55% | $21 → $20 | Maintains | Equal-Weight | Get Alert |
| 02/14/2025 | Buy Now | 31.58% | JMP Securities | Aaron Hecht44% | $22 → $25 | Maintains | Market Outperform | Get Alert |
| 02/11/2025 | Buy Now | 15.79% | JMP Securities | Aaron Hecht44% | $22 → $22 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 01/24/2025 | Buy Now | 10.53% | Barclays | Richard Hightower55% | $23 → $21 | Maintains | Equal-Weight | Get Alert |
| 12/17/2024 | Buy Now | 21.05% | Barclays | Richard Hightower55% | → $23 | Initiates | → Equal-Weight | Get Alert |
| 11/15/2024 | Buy Now | 10.53% | BMO Capital | John Kim62% | $19 → $21 | Upgrade | Underperform → Market Perform | Get Alert |
| 09/10/2024 | Buy Now | 15.79% | Deutsche Bank | Derek Johnston54% | $18 → $22 | Maintains | Buy | Get Alert |
| 09/09/2024 | Buy Now | 15.79% | JMP Securities | Aaron Hecht44% | $20 → $22 | Maintains | Market Outperform | Get Alert |
| 09/06/2024 | Buy Now | 15.79% | Keybanc | Austin Wurschmidt57% | $20 → $22 | Maintains | Overweight | Get Alert |
| 08/12/2024 | Buy Now | 10.53% | BTIG | Michael Gorman57% | $18 → $21 | Maintains | Buy | Get Alert |
| 08/02/2024 | Buy Now | 5.26% | JMP Securities | Aaron Hecht44% | $17 → $20 | Maintains | Market Outperform | Get Alert |
| 03/12/2024 | Buy Now | -10.53% | Baird | Wesley Golladay45% | $16 → $17 | Maintains | Outperform | Get Alert |
| 03/06/2024 | Buy Now | -10.53% | JMP Securities | Aaron Hecht44% | $15 → $17 | Maintains | Market Outperform | Get Alert |
| 02/20/2024 | Buy Now | -5.26% | Barclays | Anthony Powell52% | $22 → $18 | Maintains | Overweight | Get Alert |
| 02/16/2024 | Buy Now | -10.53% | RBC Capital | Brad Heffern61% | $16 → $17 | Maintains | Outperform | Get Alert |
| 12/15/2023 | Buy Now | -21.05% | BMO Capital | John Kim62% | → $15 | Downgrade | Market Perform → Underperform | Get Alert |
| 11/01/2023 | Buy Now | -21.05% | JMP Securities | Aaron Hecht44% | $20 → $15 | Maintains | Market Outperform | Get Alert |
| 11/01/2023 | Buy Now | -10.53% | RBC Capital | Brad Heffern61% | $18 → $17 | Maintains | Outperform | Get Alert |
| 07/27/2023 | Buy Now | 5.26% | JMP Securities | Aaron Hecht44% | → $20 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 07/18/2023 | Buy Now | — | BMO Capital | John Kim62% | → $19 | Downgrade | Outperform → Market Perform | Get Alert |
| 05/31/2023 | Buy Now | 15.79% | Barclays | Anthony Powell52% | $24 → $22 | Maintains | Overweight | Get Alert |
| 05/08/2023 | Buy Now | 5.26% | JMP Securities | Aaron Hecht44% | → $20 | Upgrade | Market Perform → Market Outperform | Get Alert |
| 04/28/2023 | Buy Now | 5.26% | RBC Capital | Brad Heffern61% | $19 → $20 | Maintains | Outperform | Get Alert |
| 03/01/2023 | Buy Now | 26.32% | Barclays | Anthony Powell52% | $22 → $24 | Maintains | Overweight | Get Alert |
| 02/23/2023 | Buy Now | 5.26% | Citigroup | Michael Bilerman59% | $18.5 → $20 | Maintains | Neutral | Get Alert |
| 01/30/2023 | Buy Now | — | JMP Securities | Aaron Hecht44% | — | Initiates | → Market Perform | Get Alert |
| 01/11/2023 | Buy Now | 10.53% | BTIG | Michael Gorman57% | $27 → $21 | Maintains | Buy | Get Alert |
| 01/04/2023 | Buy Now | — | Deutsche Bank | Derek Johnston54% | $22 → $19 | Downgrade | Buy → Hold | Get Alert |
| 01/03/2023 | Buy Now | -10.53% | Jefferies | Linda Tsai60% | $20 → $17 | Downgrade | Buy → Hold | Get Alert |
| 12/07/2022 | Buy Now | 5.26% | Keybanc | Austin Wurschmidt57% | $25 → $20 | Maintains | Overweight | Get Alert |
| 11/10/2022 | Buy Now | 15.79% | Barclays | Anthony Powell52% | $28 → $22 | Maintains | Overweight | Get Alert |
| 10/28/2022 | Buy Now | 10.53% | RBC Capital | Brad Heffern61% | $22 → $21 | Maintains | Outperform | Get Alert |
| 10/19/2022 | Buy Now | 5.26% | Jefferies | Linda Tsai60% | $26 → $20 | Maintains | Buy | Get Alert |
| 06/30/2022 | Buy Now | 26.32% | Jefferies | Peter Abramowitz49% | $27 → $24 | Maintains | Buy | Get Alert |
| 06/28/2022 | Buy Now | 31.58% | Keybanc | Todd Thomas59% | $29 → $25 | Maintains | Overweight | Get Alert |
| 05/09/2022 | Buy Now | 42.11% | BTIG | Michael Gorman57% | → $27 | Assumes | → Buy | Get Alert |
| 04/22/2022 | Buy Now | 68.42% | Jefferies | Peter Abramowitz49% | → $32 | Initiates | → Buy | Get Alert |
FAQ
What is the target price for Independence Realty Trust (IRT) stock?
The latest price target for Independence Realty Trust (NYSE:IRT) was reported by Wells Fargo on March 19, 2025. The analyst firm set a price target for $24.00 expecting IRT to rise to within 12 months (a possible 26.32% upside). 13 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Independence Realty Trust (IRT)?
The latest analyst rating for Independence Realty Trust (NYSE:IRT) was provided by Wells Fargo, and Independence Realty Trust initiated their overweight rating.
When was the last upgrade for Independence Realty Trust (IRT)?
The last upgrade for Independence Realty Trust Inc happened on March 10, 2025 when Jefferies raised their price target to $24. Jefferies previously had a hold for Independence Realty Trust Inc.
When was the last downgrade for Independence Realty Trust (IRT)?
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.
When is the next analyst rating going to be posted or updated for Independence Realty Trust (IRT)?
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 March 19, 2025 so you should expect the next rating to be made available sometime around March 19, 2026.
Is the Analyst Rating Independence Realty Trust (IRT) correct?
While ratings are subjective and will change, the latest Independence Realty Trust (IRT) rating was a initiated with a price target of $0.00 to $24.00. The current price Independence Realty Trust (IRT) is trading at is $19.00, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.