Veris Residential Inc has a consensus price target of $18.83 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 Truist Securities on June 24, 2024. The 3 most-recent analyst ratings were released by Evercore ISI Group, JP Morgan, and B of A Securities on February 26, 2025, December 17, 2024, and November 12, 2024, respectively. With an average price target of $19.33 between Evercore ISI Group, JP Morgan, and B of A Securities, there's an implied 14.20% 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 Evercore ISI Group on February 26, 2025. The analyst firm set a price target for $18.00 expecting VRE to rise to within 12 months (a possible 6.32% upside). 9 analyst firms have reported ratings in the last year.
The latest analyst rating for Veris Residential (NYSE:VRE) was provided by Evercore ISI Group, and Veris Residential downgraded their in-line rating.
The last upgrade for Veris Residential Inc happened on December 17, 2024 when JP Morgan raised their price target to $17. JP Morgan previously had an underweight for Veris Residential Inc.
The last downgrade for Veris Residential Inc happened on February 26, 2025 when Evercore ISI Group changed their price target from $20 to $18 for Veris Residential Inc.
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 February 26, 2025 so you should expect the next rating to be made available sometime around February 26, 2026.
While ratings are subjective and will change, the latest Veris Residential (VRE) rating was a downgraded with a price target of $20.00 to $18.00. The current price Veris Residential (VRE) is trading at is $16.93, which is out of the analyst’s predicted range.
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