
Evercore ISI Reaffirms Their Hold Rating on Essex Property (ESS)

Evercore ISI analyst Steve Sakwa maintained a Hold rating on Essex Property with a price target of $271.00. The stock closed at $253.61. The analyst consensus is a Hold with an average price target of $288.29. Morgan Stanley also maintained a Hold rating with a $285.00 price target.
Evercore ISI analyst Steve Sakwa maintained a Hold rating on Essex Property yesterday and set a price target of $271.00. The company’s shares closed yesterday at $253.61.
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Sakwa covers the Real Estate sector, focusing on stocks such as AvalonBay, Equity Residential, and Macerich. According to TipRanks, Sakwa has an average return of 0.1% and a 48.53% success rate on recommended stocks.
Currently, the analyst consensus on Essex Property is a Hold with an average price target of $288.29, a 13.67% upside from current levels. In a report released yesterday, Morgan Stanley also maintained a Hold rating on the stock with a $285.00 price target.

