Veris Residential Inc has a consensus price target of $18.5 based on the ratings of 6 analysts. The high is $23 issued by B of A Securities on November 12, 2024. The low is $14 issued by JP Morgan on September 16, 2024. The 3 most-recent analyst ratings were released by B of A Securities, JP Morgan, and Evercore ISI Group on November 12, 2024, September 16, 2024, and August 28, 2024, respectively. With an average price target of $18.67 between B of A Securities, JP Morgan, and Evercore ISI Group, there's an implied 1.28% upside for Veris Residential Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Veris Residential (NYSE:VRE) was reported by B of A Securities on November 12, 2024. The analyst firm set a price target for $23.00 expecting VRE to rise to within 12 months (a possible 24.80% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Veris Residential (NYSE:VRE) was provided by B of A Securities, and Veris Residential upgraded their buy rating.
The last upgrade for Veris Residential Inc happened on November 12, 2024 when B of A Securities raised their price target to $23. B of A Securities previously had a neutral for Veris Residential Inc.
There is no last downgrade for Veris Residential.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Veris Residential, 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 Veris Residential was filed on November 12, 2024 so you should expect the next rating to be made available sometime around November 12, 2025.
While ratings are subjective and will change, the latest Veris Residential (VRE) rating was a upgraded with a price target of $20.00 to $23.00. The current price Veris Residential (VRE) is trading at is $18.43, which is out of the analyst’s predicted range.
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