Analysts Are Neutral on These Real Estate Stocks: Essex Property (ESS), Nexus Real Estate Investment (EFRTF)
Analysts fell to the sidelines weighing in on Essex Property (ESS – Research Report) and Nexus Real Estate Investment (EFRTF – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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Essex Property (ESS)
In a report released today, Michael Lewis from Truist Financial maintained a Hold rating on Essex Property, with a price target of $273.00. The company’s shares closed last Friday at $255.13.
According to TipRanks.com, Lewis is a 5-star analyst with an average return of
Currently, the analyst consensus on Essex Property is a Hold with an average price target of $279.62, a 9.2% upside from current levels. In a report issued on February 27, Raymond James also downgraded the stock to Hold.
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Nexus Real Estate Investment (EFRTF)
BMO Capital analyst Michael Markidis reiterated a Hold rating on Nexus Real Estate Investment yesterday and set a price target of C$8.00. The company’s shares closed last Friday at $5.64.
According to TipRanks.com, Markidis is a 5-star analyst with an average return of
Currently, the analyst consensus on Nexus Real Estate Investment is a Moderate Buy with an average price target of $6.26, a 10.8% upside from current levels. In a report released yesterday, TipRanks – xAI also downgraded the stock to Hold with a C$8.00 price target.
