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Analysts Offer Insights on Real Estate Companies: Essex Property (ESS) and Digital Realty (DLR)

Tipranks - Tue Feb 10, 6:42AM CST

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Essex Property (ESSResearch Report) and Digital Realty (DLRResearch Report).

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Essex Property (ESS)

In a report released today, Alexander Goldfarb from Piper Sandler maintained a Hold rating on Essex Property, with a price target of $275.00. The company’s shares closed last Friday at $258.06.

According to TipRanks.com, Goldfarb is a 3-star analyst with an average return of 2.2% and a 50.5% success rate. Goldfarb covers the NA sector, focusing on stocks such as Innovative Industrial Properties, Curbline Properties Corp., and Hudson Pacific Properties. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Essex Property with a $281.85 average price target, implying a 12.1% upside from current levels. In a report issued on January 27, Wells Fargo also maintained a Hold rating on the stock with a $268.00 price target.

See the top stocks recommended by analysts >>

Digital Realty (DLR)

Scotiabank analyst Maher Yaghi maintained a Buy rating on Digital Realty today and set a price target of $189.00. The company’s shares closed last Friday at $171.62.

According to TipRanks.com, Yaghi is a 4-star analyst with an average return of 3.8% and a 55.8% success rate. Yaghi covers the NA sector, focusing on stocks such as Cogeco Communications, Rogers Communication, and T Mobile US. ;'>

Digital Realty has an analyst consensus of Moderate Buy, with a price target consensus of $188.93, a 12.7% upside from current levels. In a report issued on January 25, BMO Capital also maintained a Buy rating on the stock.

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