Expert Ratings for Equity Residential
Portfolio Pulse from Benzinga Insights
Equity Residential (NYSE:EQR) received 7 analyst ratings in the last quarter, with 1 bullish, 1 somewhat bullish, and 5 indifferent. The average 12-month price target is $60.5, representing a 9.02% decrease from the previous target of $66.50. Analysts provide these ratings based on financial analysis and company insights.
December 11, 2023 | 12:00 pm
News sentiment analysis
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NEGATIVE IMPACT
Equity Residential's average analyst price target has been lowered to $60.5, indicating a negative sentiment shift among analysts.
The reduction in the average price target for EQR suggests that analysts are less optimistic about the stock's future performance. This could lead to a negative short-term impact on the stock price as investors adjust their expectations based on these analyst ratings.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100