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Equity Residential (NYSE:EQR) has been upgraded to Buy in a statement by BidaskClub earlier today.

Having a price of $68.13, Equity Residential (NYSE:EQR) traded 0.73% higher on the day. With the last close up 3.55% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. EQR has recorded a 50-day average of $67.58 and a two hundred day average of $65.55. Trade Volume was up over the average, with 3,190,161 shares of EQR changing hands over the typical 1,567,740

BidaskClub has upgraded Equity Residential (NYSE:EQR) to Buy in a statement released on Tuesday June 20, 2017.

Recent Performance Chart

Equity Residential (NYSE:EQR)

Equity Residential has PE ratio of 29.39 with a one year low of $58.28 and a one year high of $68.83 and has a market capitalization of $0.

A total of 22 analysts have released a report on Equity Residential. Three analysts rating the company a strong buy, five analysts rating the company a buy, sixteen analysts rating the company a hold, one analyst rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of $74.25.

General Company Details For Equity Residential (NYSE:EQR)

Equity Residential is a real estate investment trust. The Company's primary business is the acquisition, development and management of multifamily residential properties. Its segments include Boston, New York, Washington D.C., Southern California, San Francisco, Seattle and Other Markets. Southern California includes Los Angeles, San Diego and Orange County. Other Markets includes Phoenix. It is engaged in leasing of apartment units to residents. It focuses on rental apartment properties in urban and high-density suburban coastal gateway markets. As of December 31, 2016, the Company owned 302 properties located in 10 states and the District of Columbia consisting of 77,458 apartment units. The Company's projects include The Alton, 455 Eye Street, 855 Brannan, Cascade, One Henry Adams, 340 Fremont and Vista 99. ERP Operating Limited Partnership (ERPOP) conducts the multifamily residential property business of Equity Residential.

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