
EastGroup Properties (EGP) Stock Forecast & Price Target
EastGroup Properties (EGP) Analyst Ratings
Bulls say
EastGroup Properties is a strong Buy based on its low leveraged balance sheet, potential for long-term growth, and attractive valuation/earnings profile compared to its peers. Furthermore, the company's active development pipeline and commitment to environmental sustainability demonstrate its strong management. Risks include macro uncertainty, rising industrial supply, and exposure to energy volatility.
Bears say
EastGroup Properties is facing several challenging headwinds that are likely to negatively impact its performance and stock price. These include a potential slowdown in leasing and industrial fundamentals, tenant credit issues, and a possible decline in development start activity. Additionally, macro uncertainty, the ongoing global trade war, and a shift towards more sustainable supply chains by major retailers could further hurt the company's financials. As a result, our 12-month price target for EastGroup Properties is $145/share.
This aggregate rating is based on analysts' research of EastGroup Properties and is not a guaranteed prediction by Public.com or investment advice.
EastGroup Properties (EGP) Analyst Forecast & Price Prediction
Start investing in EastGroup Properties (EGP)
Order type
Buy in
Order amount
Est. shares
0 shares