RBC Capital Reaffirms Their Buy Rating on Independence Realty (IRT)
In a report released on May 1, Brad Heffern from RBC Capital maintained a Buy rating on Independence Realty (IRT – Research Report), with a price target of $22.00. The company's shares closed yesterday at $19.64.
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According to TipRanks, Heffern is ranked #905 out of 9371 analysts.
Currently, the analyst consensus on Independence Realty is a Strong Buy with an average price target of $22.70, which is a 15.58% upside from current levels. In a report released on April 30, Colliers Securities also maintained a Buy rating on the stock with a $22.00 price target.
IRT market cap is currently $4.54B and has a P/E ratio of 109.99.
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