| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 11/29/2022 | -1.04% | Truist Securities | $22 → $19 | Maintains | Hold |
| 11/22/2022 | -1.04% | Wells Fargo | $17 → $19 | Maintains | Equal-Weight |
What is the target price for Elme Communities (ELME)?
The latest price target for Elme Communities (NYSE: ELME) was reported by Truist Securities on November 29, 2022. The analyst firm set a price target for $19.00 expecting ELME to fall to within 12 months (a possible -1.04% downside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Elme Communities (ELME)?
The latest analyst rating for Elme Communities (NYSE: ELME) was provided by Truist Securities, and Elme Communities maintained their hold rating.
When is the next analyst rating going to be posted or updated for Elme Communities (ELME)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Elme Communities, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Elme Communities was filed on November 29, 2022 so you should expect the next rating to be made available sometime around November 29, 2023.
Is the Analyst Rating Elme Communities (ELME) correct?
While ratings are subjective and will change, the latest Elme Communities (ELME) rating was a maintained with a price target of $22.00 to $19.00. The current price Elme Communities (ELME) is trading at is $19.20, which is out of the analyst's predicted range.