Independence Realty Trust, Inc. (IRT) Social Stream
INDEPENDENCE REALTY TRUST INC (IRT) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering INDEPENDENCE REALTY TRUST INC.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-03 | 7 | $29 | $15 | $22 | $17.07 | 28.88% |
| 2021-12-13 | 7 | $29 | $15 | $22.125 | $17.07 | 29.61% |
| 2021-12-17 | 6 | $29 | $15 | $23.125 | $17.07 | 35.47% |
| 2022-01-03 | 7 | $29 | $15 | $24.375 | $17.07 | 42.79% |
| 2022-01-10 | 9 | $29 | $16 | $26.194 | $17.07 | 53.45% |
| 2022-01-20 | 9 | $30 | $16 | $26.75 | $17.07 | 56.71% |
| 2022-02-17 | 10 | $30 | $16 | $26.775 | $17.07 | 56.85% |
| 2022-03-22 | 10 | $30 | $26 | $27.972 | $17.07 | 63.87% |
| 2022-04-01 | 10 | $30 | $26 | $28.083 | $17.07 | 64.52% |
| 2022-04-22 | 11 | $32 | $26 | $28.475 | $17.07 | 66.81% |
| 2022-05-04 | 9 | $32 | $26 | $28.575 | $17.07 | 67.4% |
| 2022-05-09 | 10 | $32 | $26 | $28.431 | $17.07 | 66.56% |
| 2022-05-19 | 9 | $30 | $26 | $27.795 | $17.07 | 62.83% |
| 2022-08-18 | 11 | $30 | $12 | $26.062 | $17.07 | 52.68% |
| 2022-09-28 | 11 | $30 | $12 | $25.979 | $17.07 | 52.19% |
| 2022-10-19 | 11 | $30 | $12 | $25.479 | $17.07 | 49.26% |
| 2022-10-28 | 11 | $30 | $12 | $24.895 | $17.07 | 45.84% |
| 2022-11-10 | 11 | $30 | $12 | $24.395 | $17.07 | 42.91% |
| 2022-12-01 | 11 | $29 | $12 | $23.979 | $17.07 | 40.47% |
| 2022-12-06 | 11 | $29 | $12 | $23.562 | $17.07 | 38.03% |
| 2022-12-13 | 10 | $28 | $12 | $22.704 | $17.07 | 33.01% |
| 2023-01-03 | 10 | $27.75 | $12 | $21.875 | $17.07 | 28.15% |
| 2023-01-06 | 10 | $27.75 | $12 | $21.575 | $17.07 | 26.39% |
| 2023-01-24 | 8 | $27 | $12 | $20.555 | $17.07 | 20.42% |
| 2023-03-13 | 9 | $27 | $12 | $20.222 | $17.07 | 18.47% |
| 2023-04-14 | 9 | $27 | $12 | $20 | $17.07 | 17.16% |
| 2023-04-28 | 10 | $27 | $12 | $19.888 | $17.07 | 16.51% |
| 2023-05-08 | 10 | $24 | $12 | $19.111 | $17.07 | 11.96% |
| 2023-05-12 | 9 | $24 | $12 | $19 | $17.07 | 11.31% |
The Trend in the Analyst Price Target
Over the past 36 months, IRT's average price target has gone up $8.25.
Over the past 45 weeks, IRT's average upside potential has been 23.84%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-12-01 | 11 | 29.00 | 12 | 23.979 | 17.81 | 34.64% |
| 2022-12-13 | 10 | 27.75 | 12 | 22.175 | 18.40 | 20.52% |
| 2022-12-13 | 11 | 27.75 | 12 | 22.175 | 18.40 | 20.52% |
| 2023-01-24 | 8 | 27.00 | 12 | 20.555 | 18.22 | 12.82% |
| 2023-03-01 | 9 | 27.00 | 12 | 20.222 | 17.62 | 14.77% |
IRT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.89 | 4 | 2 | 3 | 0 | 0 | 9 |
The Trend in the Broker Recommendations
Over the past 26 weeks, IRT's average broker recommendation rating worsened by 0.53.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- To contextualize these metrics, consider that out of all US stocks, INDEPENDENCE REALTY TRUST INC's variance in analysts' estimates is lower than -2549.36% of them.
- In terms of how INDEPENDENCE REALTY TRUST INC fares relative to stocks in the mid market cap category, note that its number of analysts covering the stock is higher than 3024.42% of that group.
- In terms of how INDEPENDENCE REALTY TRUST INC fares relative to Real Estate stocks, note that its upside potential (average analyst target price relative to current price) is greater than 1983.76% of that group.
- In the context of Trading stocks, INDEPENDENCE REALTY TRUST INC's average analyst price target is higher than 1383.21% of them.
In the Trading industry, TWO, STWD, and PMT are the three stocks most similar to INDEPENDENCE REALTY TRUST INC regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
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