Analysts Offer Insights on Real Estate Companies: Invitation Homes (INVH), Extra Space Storage (EXR) and Essential Properties Realty (EPRT)

There’s a lot to be optimistic about in the Real Estate sector as 3 analysts just weighed in on Invitation Homes (INVH – Research Report), Extra Space Storage (EXR – Research Report) and Essential Properties Realty (EPRT – Research Report) with bullish sentiments.

Invitation Homes (INVH)

In a report released today, Anthony Powell from Barclays maintained a Buy rating on Invitation Homes, with a price target of $41.00. The company’s shares closed last Tuesday at $34.20.

According to TipRanks.com, Powell is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.2% and a 42.1% success rate. Powell covers the NA sector, focusing on stocks such as First Industrial Realty, Apple Hospitality REIT, and Mid-America Apartment.

Currently, the analyst consensus on Invitation Homes is a Moderate Buy with an average price target of $37.79.

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Extra Space Storage (EXR)

In a report released today, Brendan Lynch from Barclays maintained a Buy rating on Extra Space Storage, with a price target of $157.00. The company’s shares closed last Tuesday at $134.28.

According to TipRanks.com, Lynch ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -6.0% and a 39.8% success rate. Lynch covers the NA sector, focusing on stocks such as National Storage Affiliates, Rexford Industrial Realty, and Plymouth Industrial Reit.

Currently, the analyst consensus on Extra Space Storage is a Hold with an average price target of $152.50.

Essential Properties Realty (EPRT)

Stifel Nicolaus analyst Simon Yarmak maintained a Buy rating on Essential Properties Realty on April 26 and set a price target of $28.00. The company’s shares closed last Tuesday at $26.34, close to its 52-week high of $26.77.

According to TipRanks.com, Yarmak is a 5-star analyst with an average return of 8.7% and a 54.9% success rate. Yarmak covers the NA sector, focusing on stocks such as Alpine Income Property Trust Inc, Host Hotels & Resorts, and Gaming and Leisure.

Essential Properties Realty has an analyst consensus of Strong Buy, with a price target consensus of $27.81, representing a 6.5% upside. In a report issued on April 24, Mizuho Securities also maintained a Buy rating on the stock with a $26.00 price target.

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Read More on INVH:

• Invitation Homes Stock (NYSE:INVH): This REIT Is Resilient Despite Rate Hikes
• Invitation Homes to acquire roughly 500 additional newly built homes
• Invitation Homes downgraded to Neutral from Buy at Citi
• Invitation Homes price target raised to $37 from $35 at Mizuho
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