WallStreetZenWallStreetZen

NYSE: ESS
Essex Property Trust Inc Stock Forecast, Predictions & Price Target

Analyst price target for ESS

Based on 15 analysts offering 12 month price targets for Essex Property Trust Inc.
Min Forecast
$211.00+5.1%
Avg Forecast
$247.93+23.49%
Max Forecast
$302.00+50.42%

Should I buy or sell ESS stock?

Based on 18 analysts offering ratings for Essex Property Trust Inc.
Hold
Strong Buy
2 analysts 11.11%
Buy
2 analysts 11.11%
Hold
12 analysts 66.67%
Sell
1 analysts 5.56%
Strong Sell
1 analysts 5.56%

Be the first to know when Wall Street analysts revise their ESS stock forecasts and price targets.

ESS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Truist Securities
Bottom 8%
8
Strong BuyMaintains$255.00+27.01%2023-03-09
Morgan Stanley
Bottom 16%
16
HoldMaintains$246.00+22.53%2023-03-01
Barclays
Bottom 8%
8
Strong SellMaintains$226.00+12.57%2023-03-01
Mizuho
Bottom 10%
10
HoldMaintains$246.00+22.53%2023-02-23
RBC Capital
Bottom 14%
14
BuyReiterates$250.00+24.52%2023-02-09
Piper Sandler
Top 32%
69
HoldMaintains$250.00+24.52%2023-02-08
JP Morgan
Top 24%
77
HoldDowngrades$267.00+32.99%2022-12-16
UBS
Bottom 22%
22
HoldInitiates Coverage On$226.00+12.57%2022-12-15
Janney Montgomery Scott
Bottom 13%
13
HoldDowngradesN/AN/A2022-12-14
KeyBanc
Top 9%
92
HoldDowngradesN/AN/A2022-12-14

1 of 2

ESS vs Residential REIT Stocks

TickerPricePrice TargetUp/downsideConsensus
ESS$200.77$247.93+23.49%Hold
UDR$38.70$46.67+20.59%Buy
ELS$64.11$74.40+16.05%Buy
AMH$29.84$35.32+18.36%Buy
CPT$99.89$137.00+37.15%Buy

Essex Property Trust Stock Forecast FAQ

Is Essex Property Trust Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 18 Wall Street analysts covering (NYSE: ESS) stock is to Hold ESS stock.

Out of 18 analysts, 2 (11.11%) are recommending ESS as a Strong Buy, 2 (11.11%) are recommending ESS as a Buy, 12 (66.67%) are recommending ESS as a Hold, 1 (5.56%) are recommending ESS as a Sell, and 1 (5.56%) are recommending ESS as a Strong Sell.

If you're new to stock investing, here's how to buy Essex Property Trust stock.

What is ESS's Price Target?

According to 15 Wall Street analysts that have issued a 1 year ESS price target, the average ESS price target is $247.93, with the highest ESS stock price forecast at $302.00 and the lowest ESS stock price forecast at $211.00.

On average, Wall Street analysts predict that Essex Property Trust's share price could reach $247.93 by Mar 9, 2024. The average Essex Property Trust stock price prediction forecasts a potential upside of 23.49% from the current ESS share price of $200.77.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.