Shares of Equity Residential of Beneficial Interest (NYSE:EQR) traded at a new 52-week high today of $82.35. So far today approximately 221,000 shares have been exchanged, as compared to an average 30-day volume of 2.3 million shares.
Equity Residential owns a portfolio of 304 apartment communities with around 78,000 units and is developing three additional properties with 825 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.
Equity Residential of Beneficial Interest share prices have moved between a 52-week high of $82.35 and a 52-week low of $45.42 and are now trading 81% above that low price at $82.16 per share.
Equity Residential of Beneficial Interest (NYSE:EQR) has potential upside of 33.0% based on a current price of $82.16 and analysts’ consensus price target of $109.27.
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