Equity Residential (EQR) has disclosed a new risk, in the Debt & Financing category.
Equity Residential faces significant risk through its forays into real estate technology and fund investments. Given the passive nature of these investments, Equity Residential has minimal control over the managerial decisions that could adversely affect its interests. Moreover, market uncertainties for emerging technologies and the reliance on key personnel further exacerbate the risk, potentially leading to investment impairment or challenges in capitalizing on these ventures. The company’s inability to influence operations and the speculative stage of the products involved heighten its exposure to potential financial setbacks.
The average EQR stock price target is $65.29, implying 8.76% upside potential.
To learn more about Equity Residential’s risk factors, click here.
