Independence Realty Trust Inc (IRT) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering Independence Realty Trust Inc.
| Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|
| 8 | $14.5 | $12 | $12.91 | $17.34 | -25.55% |
The Trend in the Analyst Price Target
IRT's average price target has moved up $1.5 over the prior 131 days.
IRT reports an average of 0.33% for its upside potential over the past 171 days.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2020-11-23 | 8 | 14.5 | 12.00 | 12.91 | 12.94 | -0.23% |
| 2020-11-15 | 7 | 14.5 | 12.00 | 12.89 | 13.64 | -5.5% |
| 2020-11-09 | 7 | 14.5 | 12.00 | 12.89 | 13.01 | -0.92% |
| 2020-10-29 | 7 | 13.0 | 11.25 | 12.39 | 12.02 | 3.08% |
| 2020-09-27 | 8 | 13.0 | 10.00 | 12.09 | 11.33 | 6.71% |
| 2020-09-14 | 8 | 13.0 | 10.00 | 12.09 | 11.69 | 3.42% |
| 2020-09-05 | 7 | 13.0 | 10.00 | 11.96 | 12.14 | -1.48% |
| 2020-08-03 | 8 | 13.0 | 10.00 | 11.72 | 11.02 | 6.35% |
| 2020-07-21 | 8 | 13.0 | 10.00 | 11.41 | 10.93 | 4.39% |
| 2020-07-15 | 8 | 13.0 | 10.00 | 11.41 | 11.27 | 1.24% |
| 2020-07-08 | 8 | 13.0 | 9.00 | 11.28 | 10.95 | 3.01% |
| 2020-07-01 | 7 | 13.0 | 9.00 | 11.04 | 11.56 | -4.5% |
| 2020-06-22 | 7 | 13.0 | 9.00 | 10.75 | 11.13 | -3.41% |
| 2020-06-05 | 7 | 13.0 | 9.00 | 10.75 | 11.62 | -7.49% |
IRT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.62 | 2 | 2 | 4 | 0 | 0 | 8 |
The Trend in the Broker Recommendations
Over the past 31 days, IRT's average broker recommendation rating improved by 0.09.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for IRT as an investment opportunity.
- Independence Realty Trust Inc's upside potential (average analyst target price relative to current price) is higher than 8.49% of all US stocks.
- The number of analysts covering the stock of IRT is higher than 94.02% of stocks in the small market cap category.
- IRT has a higher average analyst price target than 25.57% of all US stocks.
- Independence Realty Trust Inc's variance in analysts' estimates is less than 62.04% of all US stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Trading industry with the ratings most similar to Independence Realty Trust Inc are MNR, FSK and NMFC.
Is IRT a Buy, Hold or Sell? See the POWR Ratings now!