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EastGroup Properties (EGP) Stock Forecast & Price Target

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$161.44 +2.70 (+1.70%)
(As of 12/20/2024 04:33 PM ET)

EastGroup Properties - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
7
Buy
8

Based on 15 Wall Street analysts who have issued ratings for EastGroup Properties in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 7 have given a hold rating, 7 have given a buy rating, and 1 has given a strong buy rating for EGP.

Consensus Price Target

$191.80
18.81% Upside
According to the 15 analysts' twelve-month price targets for EastGroup Properties, the average price target is $191.80. The highest price target for EGP is $209.00, while the lowest price target for EGP is $167.00. The average price target represents a forecasted upside of 18.81% from the current price of $161.44.
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EGP Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
8 Buy rating(s)
9 Buy rating(s)
4 Buy rating(s)
Hold
7 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$191.80$191.21$192.00$186.08
Forecasted Upside18.81% Upside11.19% Upside1.38% Upside1.31% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

EGP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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EGP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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EastGroup Properties Stock vs. The Competition

TypeEastGroup PropertiesFinance CompaniesS&P 500
Consensus Rating Score
2.60
2.50
2.51
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside18.81% Upside18.66% Upside14.53% Upside
News Sentiment Rating
Positive News

See Recent EGP News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/17/2024KeyCorp
3 of 5 stars
T. Thomas
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Reiterated RatingOverweight ➝ Sector Weight
12/11/2024Raymond James
4 of 5 stars
J. Hughes
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UpgradeOutperform ➝ Strong-Buy$185.00 ➝ $200.00+17.47%
11/13/2024Truist Financial
2 of 5 stars
 Lower TargetHold ➝ Hold$190.00 ➝ $186.00+5.66%
11/4/2024Wells Fargo & Company
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J. Feldman
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Lower TargetOverweight ➝ Overweight$214.00 ➝ $199.00+16.24%
10/30/2024Royal Bank of Canada
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 Reiterated RatingSector Perform ➝ Sector Perform$186.00 ➝ $186.00+6.25%
10/25/2024Wedbush
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R. Anderson
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Reiterated RatingOutperform ➝ Outperform$209.00 ➝ $209.00+17.45%
10/10/2024Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$198.00 ➝ $193.00+9.14%
10/7/2024Evercore ISI
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S. Sakwa
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Boost TargetOutperform ➝ Outperform$204.00 ➝ $205.00+15.11%
9/5/2024Mizuho
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V. Malhotra
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UpgradeNeutral ➝ Outperform$175.00 ➝ $200.00+7.72%
8/22/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$158.00 ➝ $186.00+0.69%
6/4/2024BNP Paribas
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 Initiated CoverageNeutral$167.00+2.68%
5/2/2024JPMorgan Chase & Co.
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 Lower TargetNeutral ➝ Neutral$190.00 ➝ $183.00+16.08%
5/1/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$195.00 ➝ $175.00+12.56%
4/29/2024Piper Sandler
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 Lower TargetOverweight ➝ Overweight$215.00 ➝ $200.00+28.27%
4/22/2024BMO Capital Markets
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 Initiated CoverageOutperform$190.00+19.29%
7/26/2023BTIG Research
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 Boost Target$198.00 ➝ $218.00+18.00%
7/14/2023Citigroup
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 Boost TargetBuy$195.00 ➝ $210.00+13.27%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 09:18 AM ET.


EGP Forecast - Frequently Asked Questions

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for EastGroup Properties is $191.80, with a high forecast of $209.00 and a low forecast of $167.00.

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EastGroup Properties in the last year. There are currently 7 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" EGP shares.

According to analysts, EastGroup Properties's stock has a predicted upside of 18.81% based on their 12-month stock forecasts.

Over the previous 90 days, EastGroup Properties's stock had 1 upgrade by analysts.

EastGroup Properties has been rated by research analysts at Barclays, Evercore ISI, KeyCorp, Raymond James, Royal Bank of Canada, Truist Financial, Wedbush, and Wells Fargo & Company in the past 90 days.

Analysts like EastGroup Properties more than other "finance" companies. The consensus rating for EastGroup Properties is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how EGP compares to other companies.


This page (NYSE:EGP) was last updated on 12/22/2024 by MarketBeat.com Staff
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