▲ +5.08% Upside Potential
This price target is based on 16 analysts offering 12 month price targets for Essex Property Trust in the last 3 months. The average price target is $262.71, with a high forecast of $315.00 and a low forecast of $210.00. The average price target represents a 5.08% upside from the last price of $250.01.
The current consensus among 16 polled investment analysts is to hold stock in Essex Property Trust. This Hold consensus rating has held steady for over two years.
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 247 apartment communities comprising approximately 60,000 apartment homes with an additional 7 properties in various stages of active development.