Analysts Are Bullish on These Real Estate Stocks: Equity Residential (EQR), Ellington Financial (EFC)
There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Equity Residential (EQR) and Ellington Financial (EFC) with bullish sentiments.
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Equity Residential (EQR)
In a report released today, Michael Lewis from Truist Financial maintained a Buy rating on Equity Residential. The company’s shares closed last Wednesday at $65.72.
According to TipRanks.com, Lewis is a 5-star analyst with an average return of
Equity Residential has an analyst consensus of Moderate Buy, with a price target consensus of $70.27, representing a 9.3% upside. In a report issued on April 16, TipRanks – xAI also upgraded the stock to Buy with a $68.00 price target.
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Ellington Financial (EFC)
Maxim Group analyst Michael Diana reiterated a Buy rating on Ellington Financial yesterday and set a price target of $15.00. The company’s shares closed last Wednesday at $13.23.
According to TipRanks.com, Diana is a 4-star analyst with an average return of
Currently, the analyst consensus on Ellington Financial is a Strong Buy with an average price target of $14.75, implying a 10.9% upside from current levels. In a report issued on April 24, BTIG also maintained a Buy rating on the stock with a $14.50 price target.
Read More on EQR:
Disclaimer & DisclosureReport an Issue
- Equity Residential price target lowered to $78.25 from $78.50 at Stifel
- Equity Residential: Hold Rating Reiterated as Solid Q1 Results Offset by Cautious Outlook; $68 Price Target Maintained
- Equity Residential reports Q1 normalized FFO 99c, consensus 95c
- Equity Residential sees Q2 normalized FFO 98c-$1.02
- Equity Residential price target raised to $76 from $75 at Barclays
