Equity Lifestyle (ELS) Gets a Buy from Colliers Securities

In a report released today, David Toti from Colliers Securities reiterated a Buy rating on Equity Lifestyle (ELSResearch Report), with a price target of $81.00. The company’s shares closed yesterday at $67.65.

According to TipRanks, Toti is an analyst with an average return of -2.3% and a 51.14% success rate. Toti covers the Financial sector, focusing on stocks such as AvalonBay, Equity Lifestyle, and Mid-America Apartment.

In addition to Colliers Securities, Equity Lifestyle also received a Buy from Truist Financial’s Anthony Hau in a report issued on January 17. However, today, BMO Capital maintained a Hold rating on Equity Lifestyle (NYSE: ELS).

See today’s best-performing stocks on TipRanks >>

Based on Equity Lifestyle’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $376.71 million and a net profit of $67.16 million. In comparison, last year the company earned a revenue of $344.19 million and had a net profit of $70.63 million

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Equity LifeStyle Properties, Inc. is a real estate investment trust, which engages in the ownership and operation of lifestyle-oriented properties consisting primarily of manufactured home, and recreational vehicle communities. It operates through the Property Operations; and Home Sales and Rentals Operations segments. The Property Operations segment owns and operates land lease properties. The Home Sales and Rentals Operations segment purchases, sells, and leases homes at the properties.The company was founded by James M. Hankins in December 1992 and is headquartered in Chicago, IL.

Read More on ELS:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More