The Analyst Landscape: 5 Takes On Equity Residential
Portfolio Pulse from Benzinga Insights
Equity Residential (NYSE:EQR) has received mixed ratings from analysts, with a shift towards a more neutral stance in the last 30 days. The average 12-month price target has been adjusted to $60.5, down from $63.20, reflecting a 4.27% decrease. Analysts from RBC Capital, Mizuho, Stifel, and Piper Sandler have updated their ratings and price targets, indicating varied expectations for EQR's performance. Equity Residential, with a portfolio of 304 apartment communities, shows solid financial indicators such as a net margin of 42.74% and ROE of 2.82%, despite a lower revenue growth rate compared to the industry average.
February 01, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Equity Residential has seen a shift towards a more neutral stance from analysts, with a decrease in the average 12-month price target to $60.5. The company's financial performance remains strong, with a high net margin and ROE.
The mixed analyst ratings and the slight decrease in the average price target suggest a neutral short-term impact on EQR's stock price. However, the company's strong financial indicators, such as its net margin and ROE, provide a solid foundation that may counterbalance the impact of the revised analyst expectations. The relevance is at 100 due to the direct focus on EQR, with high importance given the potential influence of analyst ratings on investor sentiment. The confidence level is at 90, reflecting the clear data provided on analyst ratings and financial performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100