On May 12, 2025, Scotiabank analyst Greg McGinniss released an update on Essential Properties (EPRT, Financial), maintaining the stock's current rating while adjusting its price target. The analyst maintained a "Sector Perform" rating for Essential Properties, indicating a neutral stance on the stock's expected performance. This rating remains unchanged from the previous evaluation.
In the latest update, Scotiabank raised the price target for Essential Properties (EPRT, Financial) from $32.00 to $33.00 USD. This adjustment reflects a 3.12% increase in the price target, demonstrating a slightly more optimistic economic outlook for the company. The update from the analyst reflects Essential Properties' performance aligned with its sector expectations.
Investors and stakeholders in Essential Properties (EPRT, Financial) may consider this information a significant development, guiding future investment decisions based on the perceived market position and potential growth indicated by the new price target.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Essential Properties Realty Trust Inc (EPRT, Financial) is $35.86 with a high estimate of $40.00 and a low estimate of $32.00. The average target implies an upside of 12.33% from the current price of $31.92. More detailed estimate data can be found on the Essential Properties Realty Trust Inc (EPRT) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, Essential Properties Realty Trust Inc's (EPRT, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Essential Properties Realty Trust Inc (EPRT, Financial) in one year is $34.10, suggesting a upside of 6.83% from the current price of $31.92. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Essential Properties Realty Trust Inc (EPRT) Summary page.