Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
EastGroup Properties Inc has a consensus price target of $192.38 based on the ratings of 21 analysts. The high is $215 issued by Morgan Stanley on November 22, 2021. The low is $144 issued by Jefferies on June 30, 2022. The 3 most-recent analyst ratings were released by Evercore ISI Group, Mizuho, and Evercore ISI Group on September 16, 2024, September 5, 2024, and August 28, 2024, respectively. With an average price target of $198.67 between Evercore ISI Group, Mizuho, and Evercore ISI Group, there's an implied 6.34% upside for EastGroup Properties Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for EastGroup Props (NYSE:EGP) was reported by Evercore ISI Group on September 16, 2024. The analyst firm set a price target for $204.00 expecting EGP to rise to within 12 months (a possible 9.19% upside). 31 analyst firms have reported ratings in the last year.
The latest analyst rating for EastGroup Props (NYSE:EGP) was provided by Evercore ISI Group, and EastGroup Props upgraded their outperform rating.
The last upgrade for EastGroup Properties Inc happened on September 16, 2024 when Evercore ISI Group raised their price target to $204. Evercore ISI Group previously had an in-line for EastGroup Properties Inc.
The last downgrade for EastGroup Properties Inc happened on December 5, 2023 when Mizuho changed their price target from N/A to $185 for EastGroup Properties Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of EastGroup Props, 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 EastGroup Props was filed on September 16, 2024 so you should expect the next rating to be made available sometime around September 16, 2025.
While ratings are subjective and will change, the latest EastGroup Props (EGP) rating was a upgraded with a price target of $192.00 to $204.00. The current price EastGroup Props (EGP) is trading at is $186.83, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.