Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Essex Property Trust Inc has a consensus price target of $276.04 based on the ratings of 30 analysts. The high is $355 issued by Piper Sandler on August 26, 2024. The low is $219 issued by Mizuho on September 26, 2023. The 3 most-recent analyst ratings were released by Scotiabank, Evercore ISI Group, and JP Morgan on September 16, 2024, respectively. With an average price target of $304.33 between Scotiabank, Evercore ISI Group, and JP Morgan, there's an implied -2.59% downside for Essex Property Trust Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Essex Property Trust (NYSE:ESS) was reported by Scotiabank on September 16, 2024. The analyst firm set a price target for $329.00 expecting ESS to rise to within 12 months (a possible 5.31% upside). 52 analyst firms have reported ratings in the last year.
The latest analyst rating for Essex Property Trust (NYSE:ESS) was provided by Scotiabank, and Essex Property Trust maintained their sector outperform rating.
The last upgrade for Essex Property Trust Inc happened on April 1, 2024 when B of A Securities raised their price target to $275. B of A Securities previously had a neutral for Essex Property Trust Inc.
The last downgrade for Essex Property Trust Inc happened on September 8, 2023 when Citigroup changed their price target from $280 to $260 for Essex Property Trust Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Essex Property 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 Essex Property Trust was filed on September 16, 2024 so you should expect the next rating to be made available sometime around September 16, 2025.
While ratings are subjective and will change, the latest Essex Property Trust (ESS) rating was a maintained with a price target of $309.00 to $329.00. The current price Essex Property Trust (ESS) is trading at is $312.42, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.