The latest price target for Elme (NYSE:ELME) was reported by JP Morgan on December 17, 2024. The analyst firm set a price target for $18.00 expecting ELME to rise to within 12 months (a possible 22.20% upside). 5 analyst firms have reported ratings in the last year.

The latest analyst rating for Elme (NYSE:ELME) was provided by JP Morgan, and Elme downgraded their neutral rating.

The last upgrade for Elme Communities happened on December 18, 2023 when JP Morgan raised their price target to $18. JP Morgan previously had a neutral for Elme Communities.

The last downgrade for Elme Communities happened on December 17, 2024 when JP Morgan changed their price target from $19 to $18 for Elme Communities.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Elme, 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 Elme was filed on December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.

While ratings are subjective and will change, the latest Elme (ELME) rating was a downgraded with a price target of $19.00 to $18.00. The current price Elme (ELME) is trading at is $14.73, which is out of the analyst’s predicted range.