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Equity Residential (NYSE:EQR) Given Average Recommendation of "Hold" by Analysts
Equity Residential (NYSE:EQR) has received a consensus “Hold” recommendation from twenty research firms, with an average one-year price target of $69.53. Despite some recent price target increases by various brokerages, the company slightly missed quarterly EPS estimates and saw insider selling of approximately $655,000 in the last 90 days. The REIT recently raised its quarterly dividend to $0.7025, offering a 4.5% yield.