Independence Realty Trust (IRT)
(Delayed Data from NYSE)
$18.65 USD
-0.01 (-0.05%)
Updated Jul 5, 2024 04:00 PM ET
After-Market: $18.63 -0.02 (-0.11%) 7:58 PM ET
4-Sell of 5 4
D Value C Growth C Momentum D VGM
Independence Realty Trust (IRT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$17.63 | $21.00 | $15.00 | -6.72% |
Price Target
Based on short-term price targets offered by 12 analysts, the average price target for Independence Realty Trust comes to $17.63. The forecasts range from a low of $15.00 to a high of $21.00. The average price target represents a decline of 6.72% from the last closing price of $18.90.
Analyst Price Targets (12)
Broker Rating
Independence Realty Trust currently has an average brokerage recommendation (ABR) of 1.83 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 12 brokerage firms. The current ABR compares to an ABR of 1.83 a month ago based on 12 recommendations.
Of the 12 recommendations deriving the current ABR, seven are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 58.33% and 16.67% of all recommendations. A month ago, Strong Buy made up 58.33%, while Buy represented 16.67%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 7 | 7 | 7 | 7 | 7 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 2 | 2 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 1.83 | 1.83 | 1.83 | 1.83 | 1.83 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
4/29/2024 | Compass Point Research & Trading | Merrill Ross | Strong Buy | Strong Buy |
3/12/2024 | Robert W. Baird & Co. | Wesley Golladay | Strong Buy | Strong Buy |
3/6/2024 | JMP Securities | Aaron Hecht | Strong Buy | Strong Buy |
2/20/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
2/16/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
2/15/2024 | KeyBanc Capital Markets | Austin Wurschmidt | Strong Buy | Strong Buy |
2/8/2024 | Colliers Securities | Barry Oxford | Not Available | Moderate Buy |
12/15/2023 | BMO Capital Markets | John P Kim | Hold | Strong Sell |
11/29/2023 | BTIG | Michael Gorman | Not Available | Strong Buy |
11/29/2023 | Not Identified | Not Identified | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.83 |
ABR (Last week) | 1.83 |
# of Recs in ABR | 12 |
Average Target Price | $17.63 |
LT Growth Rate | 6.00% |
Industry | REIT and Equity Trust - Residential |
Industry Rank by ABR | 71 of 252 |
Current Quarter EPS Est: | 0.28 |