UPDATE: RBC Capital Starts Essex Property Trust (ESS) at Outperform

March 30, 2021 4:13 PM EDT
Get Alerts ESS Hot Sheet
Price: $289.16 +2.75%

Rating Summary:
    18 Buy, 18 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 23 | Down: 22 | New: 25
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(Updated - March 30, 2021 4:19 PM EDT)

RBC Capital analyst Brad Heffern initiates coverage on Essex Property Trust (NYSE: ESS) with a Outperform rating and a price target of $303.00.

The analyst comments "Best FFO track record in MF; we think Bay Area recovery is underappreciated and highest Bay Area/Seattle exposure in group."

For an analyst ratings summary and ratings history on Essex Property Trust click here. For more ratings news on Essex Property Trust click here.

Shares of Essex Property Trust closed at $276.73 yesterday.

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