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Analysts Offer Insights on Real Estate Companies: Equity Lifestyle (ELS) and Crown Castle (CCI)

Tipranks - Fri Feb 6, 1:38AM CST

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Equity Lifestyle (ELSResearch Report) and Crown Castle (CCIResearch Report) with bullish sentiments.

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Equity Lifestyle (ELS)

Barclays analyst Richard Hightower maintained a Buy rating on Equity Lifestyle today and set a price target of $71.00. The company’s shares closed last Wednesday at $65.56.

According to TipRanks.com, Hightower is a 1-star analyst with an average return of -2.8% and a 35.9% success rate. Hightower covers the NA sector, focusing on stocks such as Essential Properties Realty, Phillips Edison & Company, and Apple Hospitality REIT. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Equity Lifestyle with a $68.71 average price target, implying a 6.6% upside from current levels. In a report issued on January 29, TipRanks – Google also upgraded the stock to Buy with a $70.00 price target.

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Crown Castle (CCI)

In a report released today, Brandon Nispel from KeyBanc maintained a Buy rating on Crown Castle. The company’s shares closed last Wednesday at $86.11, close to its 52-week low of $84.20.

According to TipRanks.com, Nispel is a 4-star analyst with an average return of 4.3% and a 51.0% success rate. Nispel covers the NA sector, focusing on stocks such as Charter Communications, Cogent Comms, and Walt Disney. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Crown Castle with a $104.00 average price target, representing a 22.9% upside. In a report issued on January 26, Wells Fargo also maintained a Buy rating on the stock with a $105.00 price target.

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