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Analysts Offer Insights on Real Estate Companies: BXP (BXP) and Equity Residential (EQR)

Tipranks - Thu May 28, 6:52AM CDT

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on BXP (BXP) and Equity Residential (EQR).

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BXP (BXP)

Truist Financial analyst Michael Lewis maintained a Hold rating on BXP today and set a price target of $64.00. The company’s shares closed last Tuesday at $60.61, close to its 52-week low of $56.46.

According to TipRanks.com, Lewis is a 5-star analyst with an average return of 9.7% and a 65.9% success rate. Lewis covers the NA sector, focusing on stocks such as SmartStop Self Storage REIT, Inc., Easterly Government Properties, and American Healthcare REIT, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BXP with a $68.69 average price target, which is a 13.1% upside from current levels. In a report issued on May 13, Deutsche Bank also maintained a Hold rating on the stock with a $81.00 price target.

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Equity Residential (EQR)

Equity Residential received a Buy rating and a $76.00 price target from Bank of America Securities analyst Jana Galan today. The company’s shares closed last Tuesday at $66.13.

According to TipRanks.com, Galan is a 1-star analyst with an average return of -3.1% and a 49.0% success rate. Galan covers the NA sector, focusing on stocks such as Essential Properties Realty, Hudson Pacific Properties, and Mid-America Apartment. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Equity Residential with a $71.29 average price target, which is a 7.9% upside from current levels. In a report issued on May 14, UBS also maintained a Buy rating on the stock with a $73.00 price target.

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