Equity Residential Properties Trust, based in Chicago, has seen its stock prices drop significantly, underperforming the market. The company reported mixed Q3 results, with a 3% increase in same-store residential revenues. However, it lowered full-year guidance, leading to a 2.9% decline in stock prices. Analysts expect the company to deliver an NFFO of $4 per share for fiscal 2025. The consensus rating among analysts is a “Moderate Buy,” with a mean price target of $71.18, representing a 19.4% premium from current levels. Wells Fargo analyst James Feldman maintained an “Equal-Weight” rating on EQR, with a price target of $62.

Read more at Barchart: Are Wall Street Analysts Predicting Equity Residential Stock Will Climb or Sink?