Veris Residential Inc has a consensus price target of $17 based on the ratings of 6 analysts. The high is $22 issued by BTIG on December 13, 2022. The low is $13 issued by JP Morgan on June 17, 2024. The 3 most-recent analyst ratings were released by Truist Securities, Evercore ISI Group, and JP Morgan on June 24, 2024, June 20, 2024, and June 17, 2024, respectively. With an average price target of $14.33 between Truist Securities, Evercore ISI Group, and JP Morgan, there's an implied -7.88% downside for Veris Residential Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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06/24/2024 | Buy Now | -10.03% | Truist Securities | Michael Lewis | $15 → $14 | Maintains | Hold | Get Alert |
06/20/2024 | Buy Now | 2.83% | Evercore ISI Group | Steve Sakwa | $17 → $16 | Maintains | Outperform | Get Alert |
06/17/2024 | Buy Now | -16.45% | JP Morgan | Anthony Paolone | $11 → $13 | Maintains | Underweight | Get Alert |
04/09/2024 | Buy Now | -10.03% | Truist Securities | Michael Lewis | $15 → $14 | Maintains | Hold | Get Alert |
08/15/2023 | Buy Now | 2.83% | Truist Securities | Michael Lewis | $15 → $16 | Maintains | Hold | Get Alert |
07/27/2023 | Buy Now | 22.11% | Evercore ISI Group | Steve Sakwa | $18 → $19 | Upgrade | In-Line → Outperform | Get Alert |
06/09/2023 | Buy Now | -3.6% | Truist Securities | Michael Lewis | $13 → $15 | Maintains | Hold | Get Alert |
05/16/2023 | Buy Now | 22.11% | Deutsche Bank | Derek Johnston | $15 → $19 | Upgrade | Hold → Buy | Get Alert |
03/22/2023 | Buy Now | -16.45% | Truist Securities | Michael Lewis | $16 → $13 | Maintains | Hold | Get Alert |
12/13/2022 | Buy Now | 41.39% | BTIG | Thomas Catherwood | $26 → $22 | Maintains | Buy | Get Alert |
11/14/2022 | Buy Now | 15.68% | B of A Securities | Jeffrey Spector | $16 → $18 | Upgrade | Underperform → Neutral | Get Alert |
10/04/2022 | Buy Now | -16.45% | Deutsche Bank | Derek Johnston | $15 → $13 | Maintains | Hold | Get Alert |
06/24/2022 | Buy Now | -16.45% | Truist Securities | Michael Lewis | $15 → $13 | Maintains | Hold | Get Alert |
03/24/2022 | Buy Now | 15.68% | Deutsche Bank | Derek Johnston | $20 → $18 | Maintains | Hold | Get Alert |
The latest price target for Veris Residential (NYSE:VRE) was reported by Truist Securities on June 24, 2024. The analyst firm set a price target for $14.00 expecting VRE to fall to within 12 months (a possible -10.03% downside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Veris Residential (NYSE:VRE) was provided by Truist Securities, and Veris Residential maintained their hold rating.
The last upgrade for Veris Residential Inc happened on July 27, 2023 when Evercore ISI Group raised their price target to $19. Evercore ISI Group previously had an in-line 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 June 24, 2024 so you should expect the next rating to be made available sometime around June 24, 2025.
While ratings are subjective and will change, the latest Veris Residential (VRE) rating was a maintained with a price target of $15.00 to $14.00. The current price Veris Residential (VRE) is trading at is $15.56, which is out of the analyst’s predicted range.
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