Deep Dive Into Essex Property Trust Stock: Analyst Perspectives (9 Ratings)
Portfolio Pulse from Benzinga Insights
Essex Property Trust (NYSE:ESS) has received mixed analyst ratings over the past quarter, with a total of 9 analysts offering diverse opinions. The recent assessments show a shift towards a more neutral stance in the last 30 days compared to previous months. Analysts have updated their price targets, with the current average target at $246.33, marking a 4.49% increase from the previous average of $235.75. The company's financial performance indicates strong market confidence, with notable revenue growth, net margin, ROE, and ROA, despite lagging behind industry peers in revenue growth rate.
February 26, 2024 | 4:00 pm
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POSITIVE IMPACT
Essex Property Trust has seen a variety of analyst ratings, with a recent average price target increase to $246.33. The company's financial indicators show strong performance and market confidence.
The increase in the average price target suggests a positive outlook from analysts, reflecting potential growth. The company's strong financial performance, including revenue growth, net margin, ROE, and ROA, further supports a positive short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100