Essex Property (ESS) Receives a Buy from RBC Capital
In a report released yesterday, Brad Heffern from RBC Capital maintained a Buy rating on Essex Property, with a price target of $285.00.
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According to TipRanks, Heffern is ranked #1468 out of 11984 analysts.
In addition to RBC Capital, Essex Property also received a Buy from Cantor Fitzgerald’s Richard Anderson in a report issued on January 5. However, on January 13, Barclays maintained a Hold rating on Essex Property (NYSE: ESS).
Based on Essex Property’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $473.3 million and a net profit of $164.62 million. In comparison, last year the company earned a revenue of $450.7 million and had a net profit of $118.42 million
Read More on ESS:
Disclaimer & DisclosureReport an Issue
- Essex Property Trust price target raised to $292 from $290 at Barclays
- Essex Property downgraded to Market Perform from Outperform at BMO Capital
- Balanced Risk/Reward Leads to Hold on Essex Property Amid Slowing FFO Growth and California Regulatory Uncertainty
- Essex Property Trust price target raised to $274 from $267 at UBS
- Essex Property Trust price target raised to $290 from $281 at Cantor Fitzgerald
