Evercore Begins Coverage on Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK)

Equities researchers at Evercore initiated coverage on shares of Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) in a research note issued to investors on Tuesday. The firm set an “in-line” rating and a $72.00 price target on the stock. Evercore’s price target suggests a potential upside of 12.68% from the company’s current price.

Separately, Stifel Nicolaus reduced their target price on shares of Vivmark Residential Common Shares of Beneficial Interest from $79.00 to $78.50 and set a “buy” rating on the stock in a research note on Wednesday. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Vivmark Residential Common Shares of Beneficial Interest presently has a consensus rating of “Moderate Buy” and an average target price of $75.25.

Vivmark Residential Common Shares of Beneficial Interest Trading Down 0.2%

Shares of NYSE VMRK traded down $0.13 during midday trading on Tuesday, reaching $63.90. The company’s stock had a trading volume of 2,351,074 shares, compared to its average volume of 2,986,531. Vivmark Residential Common Shares of Beneficial Interest has a one year low of $57.57 and a one year high of $71.50.

Vivmark Residential Common Shares of Beneficial Interest Company Profile

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.