Stifel Nicolaus Sticks to Their Hold Rating for Essex Property (ESS)
In a report released today, Simon Yarmak from Stifel Nicolaus maintained a Hold rating on Essex Property, with a price target of $278.00.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
According to TipRanks, Yarmak is a 5-star analyst with an average return of 10.2% and a 59.11% success rate. Yarmak covers the Real Estate sector, focusing on stocks such as SmartStop Self Storage REIT, Inc., Diamondrock, and Host Hotels & Resorts.
The word on The Street in general, suggests a Hold analyst consensus rating for Essex Property with a $281.85 average price target.
Based on Essex Property’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $479.63 million and a GAAP net loss of $5.17 million. In comparison, last year the company earned a revenue of $454.47 million and had a net profit of $257.45 million
Read More on ESS:
Disclaimer & DisclosureReport an Issue
- ESS Upcoming Earnings Report: What to Expect?
- 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
