Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) Price Target Cut to $78.50 by Analysts at Stifel Nicolaus

Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) had its price objective reduced by equities research analysts at Stifel Nicolaus from $79.00 to $78.50 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ target price would indicate a potential upside of 22.91% from the stock’s previous close.

Vivmark Residential Common Shares of Beneficial Interest Trading Down 0.2%

NYSE:VMRK traded down $0.16 during mid-day trading on Wednesday, reaching $63.87. The stock had a trading volume of 2,011,256 shares, compared to its average volume of 2,985,048. Vivmark Residential Common Shares of Beneficial Interest has a 1-year low of $57.57 and a 1-year high of $71.50.

About Vivmark Residential Common Shares of Beneficial Interest

Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters. Equity Residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in Boston, New York, Washington, DC, Seattle, San Francisco, Southern California and Denver.