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IRT
(NYSE)
Independence Realty Trust, Inc.
$16.01-- (--)
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Independence Realty Trust, Inc. (IRT) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Independence Realty Trust, Inc. stock.

Analyst Consensus Rating

Investment consensus from 7 professional research analysts

Consensus Rating

Buy
Based on 7 unique analysts
Medium Confidence:1 Buy/Sell

Average Price Target

$18.57
15.99% Upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest IRT Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Ami Probandt
UBS
BuyMaintains
$20.00 $19.00
Richard Hightower
Barclays
HoldReiterates
$18.00 $19.00
Barry Oxford
Colliers
HoldMaintains
$16.50 $17.00
Brad Heffern
RBC Capital
BuyMaintains
$17.00 $18.00
James Feldman
Wells Fargo
BuyMaintains
$19.00 $18.00
Austin Wurschmidt
KeyBanc
BuyMaintains
$21.00 $19.00
John Kim
BMO Capital
BuyMaintains
$22.00 $20.00

Frequently Asked Questions

What is the analyst consensus rating for IRT?

The analyst consensus rating for IRT is "Buy" based on 7 analyst recommendations.

What is the average price target for IRT?

The average 12-month price target for IRT is $18.57, representing an upside of 16.0% from the current price of $16.01.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.