Essex Property Trust
(NYSE:ESS)
$267.83
3.12[1.18%]
Last update: 4:42PM Get Real Time Here
Consensus Rating1
Neutral
Highest Price Target1
$315.00
Lowest Price Target1
$219.00
Consensus Price Target1
$227.52

Essex Property Trust Stock (NYSE:ESS), Analyst Ratings, Price Targets, Predictions

Essex Property Trust Inc has a consensus price target of $227.52, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Scotiabank, Morgan Stanley, and UBS on May 14, 2024. With an average price target of $264.67 between Scotiabank, Morgan Stanley, and UBS, there's an implied -1.18% downside for Essex Property Trust Inc from these 3 analyst ratings.

Analyst Trend
2
1
2
Feb
2
1
Mar
1
1
Apr
1
3
May
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Scotiabank
Morgan Stanley
UBS
Wedbush
Piper Sandler

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Essex Property Trust

Buy NowGet Alert
05/14/2024Buy Now5.66%Scotiabank
Nicholas Yulico
$256 → $283MaintainsSector OutperformGet Alert
05/14/2024Buy Now-6.66%Morgan Stanley
Adam Kramer
$230 → $250MaintainsEqual-WeightGet Alert
05/14/2024Buy Now-2.55%UBS
Michael Goldsmith
$250 → $261MaintainsNeutralGet Alert
05/06/2024Buy Now-1.43%Wedbush
Richard Anderson
$240 → $264MaintainsNeutralGet Alert
05/06/2024Buy Now17.61%Piper Sandler
Alexander Goldfarb
$291 → $315MaintainsOverweightGet Alert
05/01/2024Buy Now-9.08%Stifel
Simon Yarmak
$239.5 → $243.5MaintainsHoldGet Alert
04/29/2024Buy Now-10.39%Wedbush
Richard Anderson
→ $240ReiteratesNeutral → NeutralGet Alert
04/09/2024Buy Now-4.79%Truist Securities
Michael Lewis
$259 → $255MaintainsHoldGet Alert
04/01/2024Buy Now2.68%B of A Securities
Joshua Dennerlein
$250 → $275UpgradeNeutral → BuyGet Alert
03/28/2024Buy Now-3.3%Truist Securities
Michael Lewis
$276 → $259MaintainsHoldGet Alert
03/26/2024Buy Now8.65%Piper Sandler
Alexander Goldfarb
→ $291MaintainsOverweightGet Alert
03/18/2024Buy Now-1.06%Raymond James
Buck Horne
→ $265UpgradeMarket Perform → OutperformGet Alert
03/12/2024Buy Now-11.88%Baird
Wesley Golladay
$229 → $236MaintainsNeutralGet Alert
02/28/2024Buy Now-6.66%Mizuho
Vikram Malhorta
$255 → $250UpgradeNeutral → BuyGet Alert
02/26/2024Buy Now-14.12%Morgan Stanley
Adam Kramer
$227 → $230MaintainsEqual-WeightGet Alert
02/22/2024Buy Now-15.24%Goldman Sachs
Chandni Luthra
→ $227Reinstates → SellGet Alert
02/20/2024Buy Now-15.99%Barclays
Anthony Powell
$224 → $225MaintainsUnderweightGet Alert
02/08/2024Buy Now-10.76%RBC Capital
Brad Heffern
$237 → $239MaintainsOutperformGet Alert
02/07/2024Buy Now-16.74%Stifel
Simon Yarmak
$225 → $223MaintainsHoldGet Alert
01/16/2024Buy Now3.05%Truist Securities
Michael Lewis
$260 → $276MaintainsHoldGet Alert
01/10/2024Buy Now-4.42%Mizuho
Vikram Malhorta
$232 → $256MaintainsNeutralGet Alert
01/02/2024Buy Now4.92%Jefferies
Linda Tsai
$215 → $281UpgradeHold → BuyGet Alert
12/14/2023Buy Now-2.92%Truist Securities
Michael Lewis
$266 → $260MaintainsHoldGet Alert
11/17/2023Buy Now-15.99%Stifel
Simon Yarmak
$226 → $225MaintainsHoldGet Alert
11/09/2023Buy Now-15.99%BMO Capital
John Kim
$235 → $225UpgradeUnderperform → Market PerformGet Alert
10/30/2023Buy Now-12.26%RBC Capital
Brad Heffern
$241 → $235MaintainsOutperformGet Alert
10/03/2023Buy Now-15.99%Wedbush
Richard Anderson
→ $225Initiates → NeutralGet Alert
09/26/2023Buy Now-18.23%Mizuho
Haendel St. Juste
$221 → $219MaintainsNeutralGet Alert
09/12/2023Buy Now-8.9%Wells Fargo
James Feldman
$247 → $244MaintainsEqual-WeightGet Alert
09/08/2023Buy Now-2.92%Citigroup
Michael Bilerman
$280 → $260DowngradeBuy → NeutralGet Alert

FAQ

Q

What is the target price for Essex Property Trust (ESS)?

A

The latest price target for Essex Property Trust (NYSE: ESS) was reported by Scotiabank on May 14, 2024. The analyst firm set a price target for $283.00 expecting ESS to rise to within 12 months (a possible 5.66% upside). 40 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Essex Property Trust (ESS)?

A

The latest analyst rating for Essex Property Trust (NYSE: ESS) was provided by Scotiabank, and Essex Property Trust maintained their sector outperform rating.

Q

When was the last upgrade for Essex Property Trust (ESS)?

A

The last upgrade for Essex Property Trust Inc happened on April 1, 2024 when B of A Securities raised their price target to $275. B of A Securities previously had a neutral for Essex Property Trust Inc.

Q

When was the last downgrade for Essex Property Trust (ESS)?

A

The last downgrade for Essex Property Trust Inc happened on September 8, 2023 when Citigroup changed their price target from $280 to $260 for Essex Property Trust Inc.

Q

When is the next analyst rating going to be posted or updated for Essex Property Trust (ESS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Essex Property Trust, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Essex Property Trust was filed on May 14, 2024 so you should expect the next rating to be made available sometime around May 14, 2025.

Q

Is the Analyst Rating Essex Property Trust (ESS) correct?

A

While ratings are subjective and will change, the latest Essex Property Trust (ESS) rating was a maintained with a price target of $256.00 to $283.00. The current price Essex Property Trust (ESS) is trading at is $267.83, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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