In a report released on October 10, from Berenberg Bank initiated coverage with a Buy rating on Essential Properties Realty and a price target of $36.00. The company’s shares closed last Friday at $29.20.
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Essential Properties Realty has an analyst consensus of Strong Buy, with a price target consensus of $35.42, a 21.30% upside from current levels. In a report released on October 1, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $35.00 price target.
Based on Essential Properties Realty’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $137.06 million and a net profit of $63.21 million. In comparison, last year the company earned a revenue of $108.87 million and had a net profit of $51.52 million
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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
