JMP Securities Reiterates Their Hold Rating on Essex Property (ESS)

JMP Securities analyst Aaron Hecht reiterated a Hold rating on Essex Property (ESSResearch Report) today. The company’s shares closed last Wednesday at $341.96.

According to TipRanks.com, Hecht is a 4-star analyst with an average return of 7.4% and a 56.8% success rate. Hecht covers the Financial sector, focusing on stocks such as Chicago Atlantic Real Estate ate Finance Inc, Innovative Industrial Properties, and Plymouth Industrial Reit.

Currently, the analyst consensus on Essex Property is a Moderate Buy with an average price target of $366.50.

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The company has a one-year high of $363.36 and a one-year low of $279.29. Currently, Essex Property has an average volume of 312.7K.

Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is neutral on the stock.

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Essex Property Trust, Inc. operates as a real estate investment trust. It engages in the ownership, operation, management, acquisition, development, and redevelopment of predominantly apartment communities. The company was founded by George M. Marcus in 1971 and is headquartered in San Mateo, CA.

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