Consensus Rating1
Buy
Highest Price Target1
$25.00
Lowest Price Target1
$17.00
Consensus Price Target1
$20.69

Independence Realty Trust Analyst Ratings and Price Targets | NYSE:IRT | Benzinga

Independence Realty Trust Inc has a consensus price target of $20.69 based on the ratings of 13 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 Barclays, JMP Securities, and JMP Securities on February 19, 2025, February 14, 2025, and February 11, 2025, respectively. With an average price target of $22.33 between Barclays, JMP Securities, and JMP Securities, there's an implied 3.92% upside for Independence Realty Trust Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Sep 24
1
Nov 24
1
Dec 24
1
Jan
1
Feb
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barclays
JMP Securities
BMO Capital
Deutsche Bank
Keybanc

1calculated from analyst ratings

Analyst Ratings for Independence Realty Trust

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FAQ

Q

What is the target price for Independence Realty Trust (IRT) stock?

A

The latest price target for Independence Realty Trust (NYSE:IRT) was reported by Barclays on February 19, 2025. The analyst firm set a price target for $20.00 expecting IRT to fall to within 12 months (a possible -6.93% downside). 13 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Independence Realty Trust (IRT)?

A

The latest analyst rating for Independence Realty Trust (NYSE:IRT) was provided by Barclays, and Independence Realty Trust maintained their equal-weight rating.

Q

When was the last upgrade for Independence Realty Trust (IRT)?

A

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.

Q

When was the last downgrade for Independence Realty Trust (IRT)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Independence Realty Trust (IRT)?

A

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 February 19, 2025 so you should expect the next rating to be made available sometime around February 19, 2026.

Q

Is the Analyst Rating Independence Realty Trust (IRT) correct?

A

While ratings are subjective and will change, the latest Independence Realty Trust (IRT) rating was a maintained with a price target of $21.00 to $20.00. The current price Independence Realty Trust (IRT) is trading at is $21.49, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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