Analyst Scoreboard: 4 Ratings For Equity Residential
Portfolio Pulse from Benzinga Insights
Equity Residential (NYSE:EQR) received mixed analyst ratings over the last three months, with an average 12-month price target of $63.25, slightly down from $63.50. The company's financial performance shows strong growth and profitability, with a revenue growth rate of 3.97%, a net margin of 42.74%, and above-average ROE and ROA. Equity Residential's market capitalization and financial indicators suggest strong market confidence and financial health.
February 20, 2024 | 2:00 pm
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NEUTRAL IMPACT
Equity Residential's mixed analyst ratings and slight decrease in average price target reflect a cautious but stable outlook. Strong financial indicators suggest robust growth and profitability.
The mixed analyst ratings indicate a varied outlook on Equity Residential, with no strong consensus on stock direction. However, the company's strong financial performance, including high revenue growth, net margin, ROE, and ROA, alongside a lower debt-to-equity ratio, suggests a stable and potentially growing investment. The slight decrease in the average price target may cause short-term uncertainty, but the overall financial health of the company supports a neutral to positive outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100