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Stifel Nicolaus Sticks to Its Buy Rating for Equity Residential (EQR)

Tipranks - Tipranks - Thu May 28, 6:52AM CDT

Stifel Nicolaus analyst Simon Yarmak maintained a Buy rating on Equity Residential today and set a price target of $79.00.

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According to TipRanks, Yarmak is a 5-star analyst with an average return of 7.4% and a 61.34% success rate. Yarmak covers the Real Estate sector, focusing on stocks such as Camden Property, EPR Properties, and Chatham Lodging.

Equity Residential has an analyst consensus of Moderate Buy, with a price target consensus of $71.21.

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Based on Equity Residential’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $779.85 million and a net profit of $90.08 million. In comparison, last year the company earned a revenue of $760.81 million and had a net profit of $256.59 million

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