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Independence Realty Trust Price Target, Predictions & Analyst Ratings

+0.32 (+2.82 %)
(As of 09/28/2020 12:00 AM ET)
Today's Range
Now: $11.65
50-Day Range
MA: $11.65
52-Week Range
Now: $11.65
Volume491,764 shs
Average Volume814,212 shs
Market Capitalization$1.10 billion
P/E Ratio36.41
Dividend Yield4.24%

Analyst Ratings

Independence Realty Trust (NYSE:IRT) 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.
5 Wall Street analysts have issued ratings and price targets for Independence Realty Trust in the last 12 months. Their average twelve-month price target is $12.13, predicting that the stock has a possible upside of 4.08%. The high price target for IRT is $16.00 and the low price target for IRT is $7.50. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
IRT Consensus Rating: HoldBuyHoldBuy
IRT Consensus Rating Score: 2.402.502.332.50
IRT Analyst Ratings: 0 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
IRT Consensus Price Target: $12.13$12.50$12.38$13.25
IRT Price Target Upside: 4.08% upside10.04% upside55.66% upside5.49% upside

Independence Realty Trust (NYSE:IRT) 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.

Independence Realty Trust (NYSE:IRT) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/5/2020Capital One FinancialUpgradeEqual Weight ➝ Overweight$13.00High
4/7/2020CitigroupLower Price TargetNeutral$15.75 ➝ $7.50Low
3/9/2020Stifel NicolausUpgradeHold ➝ Buy$16.00High
10/31/2019Compass PointDowngradeBuy ➝ NeutralLow
10/21/2019JMP SecuritiesDowngradeOutperform ➝ Market Perform$12.00Low
9/27/2019National SecuritiesInitiated CoverageBuy$14.00Low
5/2/2019Boenning ScattergoodSet Price TargetBuy$11.00Low
2/6/2019B. RileyDowngradeBuy ➝ Neutral$10.50Low
3/2/2018Robert W. BairdSet Price TargetBuy$10.00Low
12/5/2017KeyCorpInitiated CoverageSector Weight ➝ Sector WeightLow
11/1/2017LADENBURG THALM/SH SHReiterated RatingBuyN/A
(Data available from 9/29/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)
This page was last updated on 9/29/2020 by MarketBeat.com Staff

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