UBS cuts target to USD 71.00 for Equity Residential stock
Published on 10/17/2026 at 20:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and reporting date
- UBS Group reduced its target from USD 75.00 to USD 71.00 on October 14, 2026.
- Equity Residential plans to release third-quarter results on November 4, 2026.
- Equity Residential stock was last quoted at EUR 54.42 in Frankfurt on October 16, 2026 at 7:55 p.m. CEST.
- The stock traded at a P/E ratio of 26.26 on October 16, 2026.
UBS Group cut its price target for Equity Residential from USD 75.00 to USD 71.00 in a research note released on October 14, 2026, while keeping a Buy rating, according to The Stock Observer. Against the NYSE price of USD 61.26 on October 16, 2026, the new target stood 15.88 percent higher. The latest Frankfurt quote was EUR 54.42 on October 16, 2026 at 7:55 p.m. CEST.
Second-quarter revenue reached USD 785.05 million
The most recent reported quarter gives the target revision a concrete operating reference. Equity Residential generated USD 785.05 million in revenue and adjusted earnings per share of USD 0.30 in the second quarter of 2026, according to The Stock Observer. The company operates in the U.S. residential rental market, and its investor-relations profile lists 312 properties with 85,520 apartment units.
Range leaves room below the yearly high
On October 16, 2026, the NYSE quotation stood at USD 61.26, with a 52-week low of USD 57.57 and a 52-week high of USD 71.50. The price was 6.41 percent above the low and 14.32 percent below the high. The same page listed a daily volume of 6,770,537 shares, while the 50-day moving average was USD 63.27.
Valuation meets a November reporting date
The stock carried a P/E ratio of 26.26 and a dividend yield of 4.60 percent on October 16, 2026. UBS was not the only house adjusting expectations: the report also listed Piper Sandler at USD 67.00 and Scotiabank at USD 66.00, with the figures tied to earlier research notes. The next scheduled event is the third-quarter results release on November 4, 2026, after the market close, followed by a conference call on November 5, according to ScanX.
What the next report can clarify
For investors, the November release will put the target revisions beside a fresh operating update. The company profile says Equity Residential is an S&P 500 member and trades on the New York Stock Exchange under EQR, according to Equity Residential. The current valuation therefore sits between a lower analyst target and the yearly high, while the upcoming results provide the next dated test for rental income and earnings.
Frankfurt quote and company data
The latest available euro quotation was EUR 54.42 in Frankfurt on October 16, 2026 at 7:55 p.m. CEST. The NYSE price was USD 61.26 on the same date, and the company had 312 properties and 85,520 apartment units in its investor-relations profile.
Equity Residential stock at a glance
- Company: Equity Residential
- ISIN: US29476L1070
- Ticker: EQR
- Primary exchange: NYSE
- 52-week range: USD 57.57-71.50 (as of October 16, 2026)
- Sector / Industry: Real estate / residential real estate investment trust
- Index membership: S&P 500
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
