Essex Property Trust Price Target, Predictions & Analyst Ratings

+0.77 (+0.23 %)
(As of 07/27/2021 10:22 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume488 shs
Average Volume279,481 shs
Market Capitalization$21.57 billion
P/E Ratio51.22
Dividend Yield2.52%

Essex Property Trust (NYSE:ESS) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
14 Wall Street analysts have issued ratings and price targets for Essex Property Trust in the last 12 months. Their average twelve-month price target is $302.93, predicting that the stock has a possible downside of 8.73%. The high price target for ESS is $351.00 and the low price target for ESS is $217.00. There are currently 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of "Buy."
TypeToday30 Days Ago90 Days Ago180 Days Ago
ESS Consensus Rating: BuyHoldBuyHold
ESS Consensus Rating Score: 2.502.432.602.35
ESS Analyst Ratings: 0 Sell Rating(s)
7 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
6 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
4 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
9 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
ESS Consensus Price Target: $302.93$299.14$279.00$255.21
ESS Price Target Upside: 8.73% downside8.71% upside9.37% upside8.83% upside

Essex Property Trust (NYSE:ESS) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Essex Property Trust (NYSE:ESS) Analyst Ratings History

DateBrokerageAnalyst NameActionRatingPrice TargetDetails
7/19/2021Raymond James
UpgradeUnderperform ➝ Market Perform
7/15/2021Morgan Stanley
Boost Price TargetEqual Weight$332.00 ➝ $344.00
Boost Price TargetOverweight$300.00 ➝ $341.00
6/21/2021Piper Sandler
Boost Price TargetOverweight$320.00 ➝ $340.00
6/14/2021Wolfe Research
Initiated CoveragePeer Perform$351.00
6/4/2021Truist Securities
Boost Price TargetBuy$295.00 ➝ $327.00
DowngradeBuy ➝ Neutral$333.00
5/25/2021BTIG Research
Reiterated RatingBuy ➝ Neutral
5/13/2021Wells Fargo & Company
Boost Price TargetEqual Weight$263.00 ➝ $281.00
5/10/2021Evercore ISI
Reiterated RatingOutperform ➝ In-Line
4/5/2021BMO Capital Markets
UpgradeMarket Perform ➝ Outperform$275.00 ➝ $310.00
3/30/2021Royal Bank of Canada
Initiated CoverageOutperform$303.00
12/15/2020Smith Barney Citigroup
Boost Price Target$235.00 ➝ $250.00
11/16/2020Bank of America
Boost Price TargetBuy$266.00 ➝ $273.00
9/9/2020The Goldman Sachs Group
Richard Skidmore
DowngradeBuy ➝ Neutral$260.00 ➝ $217.00
5/27/2020SunTrust Banks
Boost Price TargetHold$262.00 ➝ $268.00
5/8/2020Stifel Nicolaus
Boost Price TargetBuy$248.00 ➝ $270.00
Lower Price TargetNeutral$320.00 ➝ $210.00
3/25/2020Zelman & Associates
UpgradeSell ➝ Hold
11/18/2019Sandler O'Neill
UpgradeHold ➝ Buy$355.00
Ross L Smotrich
Set Price TargetBuy$350.00
9/16/2019Capital One Financial
N. Malkin
Reiterated RatingEqual Weight
6/18/2019Robert W. Baird
DowngradeOutperform ➝ Neutral$297.00 ➝ $302.00
2/7/2019Jefferies Financial Group
DowngradeBuy ➝ Hold$290.00 ➝ $295.00
12/19/2018Janney Montgomery Scott
UpgradeNeutral ➝ Buy$255.60
12/19/2018JPMorgan Chase & Co.
DowngradeOverweight ➝ Neutral
10/31/2018Mitsubishi UFJ Financial Group
Boost Price TargetOverweight$266.00 ➝ $270.00
Initiated CoverageOutperform
8/6/2018DA Davidson
J. Lykins
Reiterated RatingNeutral
(Data available from 7/27/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)
This page was last updated on 7/27/2021 by MarketBeat.com Staff
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