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Essex Property Trust Inc (NYSE:ESS) has been upgraded to Strong-Buy in a statement by BidaskClub earlier today.

Having a price of $267.12, Essex Property Trust Inc (NYSE:ESS) traded -0.06% lower on the day. With the last close up 3.91% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. ESS has recorded a 50-day average of $264.05 and a two hundred day average of $252.14. Trade Volume was up over the average, with 562,503 shares of ESS changing hands over the typical 338,791

BidaskClub has upgraded Essex Property Trust Inc (NYSE:ESS) to Strong-Buy in a statement released on Tuesday June 20, 2017.

On 06/13/2017, Evercore ISI released a statement on Essex Property Trust Inc (NYSE:ESS) upped the target price from $0.00 to $261.00 that suggested a downside of 0.00%.

Recent Performance Chart

Essex Property Trust Inc (NYSE:ESS)

Essex Property Trust Inc has PE ratio of 33.63 with a one year low of $200.01 and a 52 week high of $270.04 and has a market cap of $0.

In addition to BidaskClub reporting its target price, a total of 24 firms have reported on ESS. The one year target is $245.46 with four equity analysts rating the company a strong buy, eight equity analysts rating the company a buy, sixteen equity analysts rating the company a hold, zero brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Essex Property Trust Inc (NYSE:ESS)

Essex Property Trust, Inc. is a self-administered and self-managed real estate investment trust. The Company is engaged primarily in the ownership, operation, management, acquisition, development and redevelopment of predominantly apartment communities, located along the West Coast. Its segments include Southern California, Northern California, Seattle Metro and Other real estate assets. The Company owns all of its interest in its real estate and other investments directly or indirectly through Essex Portfolio, L.P. (the Operating Partnership). Its properties include Mio, Form 15, Emerson Valley Village and Ashton Sherman Village. As of December 31, 2016, it owned or held an interest in 245 communities, aggregating 59,645 apartment homes, excluding its ownership in preferred equity investments, as well as two operating commercial buildings (totaling approximately 140,564 square feet), and six active development projects with 2,223 apartment homes in various stages of development.

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