Analyst Price Target is $76.00
▼ -15.91% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Investors Real Estate Trust in the last 3 months. The average price target is $76.00, with a high forecast of $82.00 and a low forecast of $70.00. The average price target represents a -15.91% upside from the last price of $90.38.
Current Consensus is
The current consensus among 2 contributing investment analysts is to buy stock in Investors Real Estate Trust. This rating changed within the last month from a Hold consensus rating.
IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of apartment communities. As of September 30, 2020, we owned interests in 67 apartment communities consisting of 11,910 apartment homes. IRET's common shares and Series C preferred shares are publicly traded on the New York Stock Exchange (NYSE symbols: "IRET" and "IRET PC," respectively).