Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) Coverage Initiated at Evercore

Research analysts at Evercore began coverage on shares of Vivmark Residential Common Shares of Beneficial Interest (NYSE:VMRK) in a report released on Tuesday. The brokerage set an “in-line” rating and a $72.00 price target on the stock. Evercore’s price objective would suggest a potential upside of 12.68% from the company’s previous close.

Separately, Stifel Nicolaus decreased their price target 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 report 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.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $75.25.

Vivmark Residential Common Shares of Beneficial Interest Stock Performance

Shares of VMRK stock traded down $0.13 during trading on Tuesday, reaching $63.90. 2,351,074 shares of the company’s stock traded hands, compared to its average volume of 2,986,531. 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.