| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 07/18/2023 | 7.28% | BMO Capital | → $19 | Downgrades | Outperform → Market Perform |
| 05/31/2023 | 24.22% | Barclays | $24 → $22 | Maintains | Overweight |
| 05/08/2023 | 12.93% | JMP Securities | → $20 | Upgrades | Market Perform → Market Outperform |
| 04/28/2023 | 12.93% | RBC Capital | $19 → $20 | Maintains | Outperform |
| 03/01/2023 | 35.52% | Barclays | $22 → $24 | Maintains | Overweight |
| 02/23/2023 | 12.93% | Citigroup | $18.5 → $20 | Maintains | Neutral |
| 01/30/2023 | — | JMP Securities | Initiates Coverage On | → Market Perform | |
| 01/11/2023 | 18.58% | BTIG | $27 → $21 | Maintains | Buy |
| 01/04/2023 | 7.28% | Deutsche Bank | $22 → $19 | Downgrades | Buy → Hold |
| 01/03/2023 | -4.01% | Jefferies | $20 → $17 | Downgrades | Buy → Hold |
| 12/07/2022 | 12.93% | Keybanc | $25 → $20 | Maintains | Overweight |
| 11/10/2022 | 24.22% | Barclays | $28 → $22 | Maintains | Overweight |
| 10/28/2022 | 18.58% | RBC Capital | $22 → $21 | Maintains | Outperform |
| 10/19/2022 | 12.93% | Jefferies | $26 → $20 | Maintains | Buy |
| 06/30/2022 | 35.52% | Jefferies | $27 → $24 | Maintains | Buy |
| 06/28/2022 | 41.16% | Keybanc | $29 → $25 | Maintains | Overweight |
| 05/09/2022 | 52.46% | BTIG | → $27 | Assumes | → Buy |
| 04/22/2022 | 80.69% | Jefferies | → $32 | Initiates Coverage On | → Buy |
| 04/01/2022 | 63.75% | Keybanc | $27 → $29 | Maintains | Overweight |
| 03/24/2022 | 69.4% | Deutsche Bank | $29 → $30 | Maintains | Buy |
| 01/18/2022 | 69.4% | Barclays | → $30 | Initiates Coverage On | → Overweight |
| 01/10/2022 | 56.69% | Compass Point | $26.75 → $27.75 | Upgrades | Neutral → Buy |
| 01/10/2022 | 58.1% | RBC Capital | → $28 | Initiates Coverage On | → Outperform |
| 12/13/2021 | 46.81% | Citigroup | $24 → $26 | Maintains | Neutral |
| 11/03/2021 | 52.46% | Keybanc | $22 → $27 | Maintains | Overweight |
| 08/12/2021 | 24.22% | Keybanc | $21 → $22 | Maintains | Overweight |
| 07/15/2021 | 18.58% | Keybanc | $18 → $21 | Maintains | Overweight |
| 05/24/2021 | 1.64% | Keybanc | $16 → $18 | Maintains | Overweight |
| 04/26/2021 | 12.93% | BMO Capital | → $20 | Initiates Coverage On | → Outperform |
| 04/21/2021 | — | BTIG | Downgrades | Buy → Neutral | |
| 02/18/2021 | -9.66% | Keybanc | $15 → $16 | Maintains | Overweight |
| 12/15/2020 | -15.3% | Deutsche Bank | → $15 | Upgrades | Hold → Buy |
| 08/05/2020 | -26.6% | Capital One | → $13 | Upgrades | Equal-Weight → Overweight |
| 07/09/2020 | -26.6% | Keybanc | → $13 | Upgrades | Sector Weight → Overweight |
| 04/16/2020 | 267.02% | Deutsche Bank | $119 → $65 | Maintains | Hold |
| 04/07/2020 | -57.65% | Citigroup | $15.75 → $7.5 | Maintains | Neutral |
| 03/10/2020 | -9.66% | Stifel | → $16 | Upgrades | Hold → Buy |
| 10/21/2019 | — | JMP Securities | Downgrades | Market Outperform → Market Perform | |
| 04/09/2019 | -37.89% | Stifel | → $11 | Initiates Coverage On | → Hold |
| 02/06/2019 | -40.71% | B. Riley Securities | → $10.5 | Downgrades | Buy → Neutral |
| 11/19/2018 | — | Capital One | Initiates Coverage On | → Equal-Weight | |
| 11/05/2018 | -40.71% | B. Riley Securities | $11 → $10.5 | Maintains | Buy |
| 11/02/2018 | — | Compass Point | Downgrades | Buy → Neutral | |
| 10/16/2018 | — | Citigroup | Initiates Coverage On | → Neutral | |
| 09/17/2018 | -36.48% | Boenning & Scattergood | → $11.25 | Initiates Coverage On | → Outperform |
What is the target price for Independence Realty Trust (IRT)?
The latest price target for Independence Realty Trust (NYSE: IRT) was reported by BMO Capital on July 18, 2023. The analyst firm set a price target for $19.00 expecting IRT to rise to within 12 months (a possible 7.28% upside). 14 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Independence Realty Trust (IRT)?
The latest analyst rating for Independence Realty Trust (NYSE: IRT) was provided by BMO Capital, and Independence Realty Trust downgraded their market perform rating.
When is the next analyst rating going to be posted or updated for Independence Realty Trust (IRT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Independence Realty Trust, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Independence Realty Trust was filed on July 18, 2023 so you should expect the next rating to be made available sometime around July 18, 2024.
Is the Analyst Rating Independence Realty Trust (IRT) correct?
While ratings are subjective and will change, the latest Independence Realty Trust (IRT) rating was a downgraded with a price target of $0.00 to $19.00. The current price Independence Realty Trust (IRT) is trading at is $17.71, which is within the analyst's predicted range.