Analysts’ Opinions Are Mixed on These Real Estate Stocks: Equity Residential (EQR) and RLJ Lodging (RLJ)
Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Equity Residential (EQR) and RLJ Lodging (RLJ).
Easter Sale - 70% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Equity Residential (EQR)
In a report released today, Steve Sakwa from Evercore ISI maintained a Buy rating on Equity Residential, with a price target of $67.00. The company’s shares closed last Thursday at $60.27, close to its 52-week low of $59.48.
According to TipRanks.com, Sakwa is a 1-star analyst with an average return of
Equity Residential has an analyst consensus of Moderate Buy, with a price target consensus of $69.39, a 16.5% upside from current levels. In a report issued on March 26, Morgan Stanley also upgraded the stock to Buy with a $74.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
RLJ Lodging (RLJ)
In a report released today, Gregory Miller from Truist Financial maintained a Hold rating on RLJ Lodging, with a price target of $7.00. The company’s shares closed last Thursday at $7.35.
According to TipRanks.com, Miller is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for RLJ Lodging with a $7.90 average price target, representing an 8.8% upside. In a report issued on March 26, Ladenburg Thalmann & Co. also initiated coverage with a Hold rating on the stock with a $8.50 price target.
Read More on EQR:
Disclaimer & DisclosureReport an Issue
- The Week That Was, The Week Ahead: Macro and Markets, Mar. 29
- Equity Residential upgraded to Overweight from Equal Weight at Morgan Stanley
- Equity Residential raises quarterly dividend to 70.3c per share from 69.3c
- Equity Residential price target lowered to $72 from $73.50 at Morgan Stanley
- Equity Residential price target raised to $70 from $69 at Evercore ISI
