In recent trading, shares of Essex Property Trust Inc (ESS) reached $238.09, surpassing the average 12-month analyst target price of $237.08. Analysts will likely consider this movement by either downgrading their price estimates or adjusting them higher based on the company’s performance.
Currently, there are 19 analyst targets for ESS, with one predicting a low of $200 and another forecasting a high of $295. The standard deviation among these estimates is $23.53. The overall analyst ratings consist of 6 strong buys, 1 buy, 11 holds, and 4 strong sells, with an average rating of 2.77 on a scale where 1 is strong buy and 5 is strong sell.
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