Independence Realty Trust, Inc. (IRT) Social Stream
INDEPENDENCE REALTY TRUST INC (IRT) Price Targets From Analysts
Use the tables below to see what analysts covering INDEPENDENCE REALTY TRUST INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-03 | 7 | $29 | $15 | $22 | $14.77 | 48.95% |
| 2021-12-13 | 7 | $29 | $15 | $22.125 | $14.77 | 49.8% |
| 2021-12-17 | 6 | $29 | $15 | $23.125 | $14.77 | 56.57% |
| 2022-01-03 | 7 | $29 | $15 | $24.375 | $14.77 | 65.03% |
| 2022-01-10 | 9 | $29 | $16 | $26.194 | $14.77 | 77.35% |
| 2022-01-20 | 10 | $30 | $16 | $26.575 | $14.77 | 79.93% |
| 2022-02-17 | 10 | $30 | $16 | $26.775 | $14.77 | 81.28% |
| 2022-03-22 | 10 | $30 | $26 | $27.972 | $14.77 | 89.38% |
| 2022-04-01 | 10 | $30 | $26 | $28.083 | $14.77 | 90.14% |
| 2022-04-22 | 11 | $32 | $26 | $28.475 | $14.77 | 92.79% |
| 2022-05-04 | 10 | $32 | $26 | $28.575 | $14.77 | 93.47% |
| 2022-05-09 | 10 | $32 | $26 | $28.431 | $14.77 | 92.49% |
| 2022-05-19 | 9 | $30 | $26 | $27.795 | $14.77 | 88.19% |
| 2022-08-18 | 11 | $30 | $12 | $26.062 | $14.77 | 76.45% |
| 2022-09-28 | 11 | $30 | $12 | $25.979 | $14.77 | 75.89% |
| 2022-10-19 | 11 | $30 | $12 | $25.479 | $14.77 | 72.51% |
| 2022-10-28 | 11 | $30 | $12 | $24.895 | $14.77 | 68.55% |
| 2022-11-10 | 11 | $30 | $12 | $24.395 | $14.77 | 65.17% |
| 2022-12-01 | 11 | $29 | $12 | $23.979 | $14.77 | 62.35% |
| 2022-12-06 | 11 | $29 | $12 | $23.562 | $14.77 | 59.53% |
| 2022-12-13 | 11 | $28 | $12 | $22.704 | $14.77 | 53.72% |
| 2023-01-03 | 10 | $27.75 | $12 | $21.875 | $14.77 | 48.1% |
| 2023-01-06 | 10 | $27 | $12 | $20.888 | $14.77 | 41.42% |
| 2023-01-24 | 9 | $27 | $12 | $20.555 | $14.77 | 39.17% |
| 2023-02-23 | 9 | $27 | $12 | $20 | $14.77 | 35.41% |
| 2023-03-13 | 9 | $27 | $12 | $20.222 | $14.77 | 36.91% |
The Trend in the Analyst Price Target
IRT's average price target has moved down $1.78 over the prior 16 months.
Over the past 50 weeks, IRT's average upside potential has been 21.6%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-08-09 | 11 | 30 | 12 | 26.062 | 21.83 | 19.39% |
| 2022-12-13 | 10 | 28 | 12 | 22.704 | 18.40 | 23.39% |
| 2023-01-06 | 8 | 27 | 12 | 20.888 | 16.85 | 23.96% |
| 2023-01-24 | 9 | 27 | 12 | 20.000 | 18.22 | 9.77% |
| 2023-03-03 | 9 | 27 | 12 | 20.222 | 17.93 | 12.78% |
IRT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2 | 4 | 1 | 4 | 0 | 0 | 9 |
The Trend in the Broker Recommendations
IRT's average broker recommendation rating worsened by 0.29 over the prior 15 months.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- INDEPENDENCE REALTY TRUST INC's variance in analysts' estimates is lower than -2175.15% of all US stocks.
- In the context of stocks in the mid market cap category, INDEPENDENCE REALTY TRUST INC's number of analysts covering the stock is greater than 2712.62% of them.
- To contextualize these metrics, consider that out of Trading stocks, INDEPENDENCE REALTY TRUST INC's upside potential (average analyst target price relative to current price) is greater than 2677.97% of them.
- In the context of Trading stocks, INDEPENDENCE REALTY TRUST INC's average analyst price target is higher than 1223.1% of them.
Stocks similar to INDEPENDENCE REALTY TRUST INC in the Trading industry regarding analyst recommendations and price targets are TWO, STWD, and PMT.
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