EastGroup Props Stock: A Deep Dive Into Analyst Perspectives (12 Ratings)
Portfolio Pulse from Benzinga Insights
EastGroup Properties (NYSE:EGP) has been analyzed by 12 analysts, showing a range of perspectives from bullish to indifferent. Recent analyst actions have predominantly raised price targets, with an average target of $199.17, reflecting a 10.29% increase. The company has shown strong financial performance with a 13.73% revenue growth rate and a net margin of 34.75%.
October 07, 2024 | 5:00 pm
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EastGroup Properties has received predominantly bullish analyst ratings, with price targets raised across the board. The average price target is now $199.17, a 10.29% increase, indicating positive sentiment. The company's strong financial performance, including a 13.73% revenue growth rate and a 34.75% net margin, supports this outlook.
The article highlights a positive shift in analyst sentiment towards EastGroup Properties, with multiple analysts raising their price targets. The company's strong financial metrics, such as high revenue growth and net margin, further support the bullish outlook. This combination of factors suggests a likely positive impact on EGP's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100