♔ The Trade Off
Empire State Realty (ESRT) Receives a Hold from Citi
In a report released today, from Citi maintained a Hold rating on Empire State Realty, with a price target of $7.00.
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In addition to Citi, Empire State Realty also received a Hold from Evercore ISI’s Steve Sakwa in a report issued yesterday. However, on the same day, BMO Capital maintained a Buy rating on Empire State Realty (NYSE: ESRT).
Based on Empire State Realty’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $197.73 million and a net profit of $16.94 million. In comparison, last year the company earned a revenue of $199.6 million and had a net profit of $14.59 million
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