Equity Residential Gets a Hold from BarclaysBy Jason Carr
According to TipRanks.com, Smotrich is a 5-star analyst with an average return of 8.8% and a 68.0% success rate. Smotrich covers the Financial sector, focusing on stocks such as Pennsylvania Real Estate ate Investment, Apartment Investment & Management, and General Growth Properties Inc.
Equity Residential has an analyst consensus of Hold, with a price target consensus of $63.40.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. Last month, Joseph White, a Director at EQR sold 5,700 shares for a total of $361,722.
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 Residential operates as a real estate investment trust, which engages in the acquisition, development, and management of multifamily residential properties. The company was founded by Robert H. Lurie and Sam Zell in March 1993 and is headquartered in Chicago, IL.