In a report released on September 30, Richard Anderson from Wedbush initiated coverage with a Buy rating on Essential Properties Realty and a price target of $35.00. The company’s shares closed yesterday at $30.01.
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According to TipRanks, Anderson is a 4-star analyst with an average return of 8.4% and a 68.31% success rate. Anderson covers the Real Estate sector, focusing on stocks such as AvalonBay, Douglas Emmett, and Healthpeak Properties.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Essential Properties Realty with a $35.35 average price target, a 17.79% upside from current levels. In a report released on September 29, Truist Financial also maintained a Buy rating on the stock with a $36.00 price target.
EPRT market cap is currently $5.96B and has a P/E ratio of 25.22.
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- Essential Properties Realty Trust initiated with an Overweight at Cantor Fitzgerald
- Essential Properties Realty Releases 2024 ESG Report
- Essential Properties Realty Trust price target lowered to $35.50 from $36 at Stifel
- Essential Properties Realty Trust upgraded to Outperform from In Line at Evercore ISI
- Essential Properties price target lowered to $32 from $35 at Mizuho
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