Log in

Essex Property Trust Price Target, Predictions & Analyst Ratings

+5.13 (+2.58 %)
(As of 09/25/2020 12:00 AM ET)
Today's Range
Now: $204.11
50-Day Range
MA: $217.04
52-Week Range
Now: $204.11
Volume296,133 shs
Average Volume506,839 shs
Market Capitalization$13.31 billion
P/E Ratio21.46
Dividend Yield4.18%

Analyst Ratings

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.
16 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 $282.31, predicting that the stock has a possible upside of 38.31%. The high price target for ESS is $355.00 and the low price target for ESS is $210.00. There are currently 2 sell ratings, 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
ESS Consensus Rating: HoldHoldHoldHold
ESS Consensus Rating Score:
ESS Analyst Ratings: 2 Sell Rating(s)
8 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
2 Sell Rating(s)
8 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
2 Sell Rating(s)
8 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
7 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
ESS Consensus Price Target: $282.31$287.83$291.31$333.00
ESS Price Target Upside: 38.31% upside35.26% upside18.37% upside66.13% 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

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/10/2020TruistUpgradeHold ➝ Buy$268.00 ➝ $257.00Medium
9/9/2020Goldman Sachs GroupDowngradeBuy ➝ Neutral$260.00 ➝ $217.00Medium
9/9/2020Piper SandlerDowngradeOverweight ➝ Neutral$255.00 ➝ $235.00Medium
8/27/2020Morgan StanleyBoost Price TargetEqual Weight$203.00 ➝ $215.00Medium
7/21/2020Royal Bank of CanadaReiterated RatingHoldHigh
6/12/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformMedium
5/27/2020SunTrust BanksBoost Price TargetHold$262.00 ➝ $268.00Low
5/8/2020Stifel NicolausBoost Price TargetBuy$248.00 ➝ $270.00Low
4/7/2020CitigroupLower Price TargetNeutral$320.00 ➝ $210.00Low
3/25/2020Zelman & AssociatesUpgradeSell ➝ HoldHigh
1/28/2020BMO Capital MarketsDowngradeMarket Perform ➝ Underperform$320.00 ➝ $295.00Low
11/25/2019BTIG ResearchDowngradeBuy ➝ NeutralLow
11/19/2019Evercore ISIUpgradeIn-Line ➝ Outperform$341.00Low
11/18/2019Sandler O'NeillUpgradeHold ➝ Buy$355.00Low
10/11/2019BarclaysSet Price TargetBuy$350.00Low
10/8/2019KeyCorpBoost Price TargetOverweight$320.00 ➝ $342.00Low
9/16/2019Capital One FinancialReiterated RatingEqual WeightHigh
6/18/2019Robert W. BairdDowngradeOutperform ➝ Neutral$297.00 ➝ $302.00Low
2/7/2019Jefferies Financial GroupDowngradeBuy ➝ Hold$290.00 ➝ $295.00Low
12/19/2018Janney Montgomery ScottUpgradeNeutral ➝ Buy$255.60Low
12/19/2018JPMorgan Chase & Co.DowngradeOverweight ➝ NeutralLow
12/11/2018Wells Fargo & CompanyUpgradeMarket Perform ➝ Outperform$262.00 ➝ $284.00Low
11/5/2018MizuhoReiterated RatingHold$265.00Low
10/31/2018Mitsubishi UFJ Financial GroupBoost Price TargetOverweight$266.00 ➝ $270.00Low
10/16/2018ScotiabankInitiated CoverageOutperformMedium
8/6/2018DA DavidsonReiterated RatingNeutralLow
6/8/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$276.00 ➝ $277.00Low
2/21/2018Cantor FitzgeraldSet Price TargetBuy$264.00Low
12/27/2017JMP SecuritiesReiterated RatingHoldLow
(Data available from 9/27/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)
This page was last updated on 9/27/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.