Essex Property Trust Inc. Looks to Continue to Trade Above its Annual-High Share Price Today

July 15, 2021 12:45:46

Essex Property Trust Inc. (NYSE:ESS) traded today at a new 52-week high of $326.45. So far today approximately 86,000 shares have been exchanged, as compared to an average 30-day volume of 345,000 shares.

Essex Property Trust Inc. (NYSE:ESS) has potential upside of 26.3% based on a current price of $326.28 and analysts’ consensus price target of $412.22.

Essex Property Trust owns a portfolio of 250 apartment communities with over 60,000 units and is developing four additional properties with 955 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.

Essex Property Trust Inc. share prices have moved between a 52-week high of $326.45 and a 52-week low of $186.30 and are now trading 75% above that low price at $326.28 per share.

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