Elme Communities Price Target Raised to 17.00 at Wells Fargo Company

ELME Stock  USD 16.95  0.26  1.56%   
About 53% of Elme Communities' shareholders are presently thinking to get in. The analysis of overall sentiment of trading Elme Communities stock suggests that some investors are interested at this time. The current market sentiment, together with Elme Communities' historical and current headlines, can help investors time the market. In addition, many technical investors use Elme Communities stock news signals to limit their universe of possible portfolio assets.
  
Elme Communities had its price objective hoisted by Wells Fargo Company from 14.00 to 17.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has an equal weight rating on the stock. Wells Fargo Companys target price indicates a potential downside of 6.90 percent from the

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Elme Communities Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Elme Communities can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Elme Communities Fundamental Analysis

We analyze Elme Communities' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elme Communities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elme Communities based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Short Ratio

Short Ratio Comparative Analysis

Elme Communities is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Elme Communities Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Elme Communities stock to make a market-neutral strategy. Peer analysis of Elme Communities could also be used in its relative valuation, which is a method of valuing Elme Communities by comparing valuation metrics with similar companies.

Peers

Elme Communities Related Equities

SUISun Communities   1.20   
0%
86.0%
ELSEquity Lifestyle   1.01   
0%
72.0%
UDRUDR   0.85   
0%
61.0%
AMHAmerican Homes   0.78   
0%
56.0%
CSRCenterspace   0.49   
0%
35.0%
VREVeris Residential   0.17   
0%
12.0%
BRTBRT Realty   0.10   
7.0%
0%
NXRTNexpoint Residential   0.59   
42.0%
0%
UMHUMH Properties   0.72   
51.0%
0%
CLPRClipper Realty   1.39   
100.0%
0%

Complementary Tools for Elme Stock analysis

When running Elme Communities' price analysis, check to measure Elme Communities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elme Communities is operating at the current time. Most of Elme Communities' value examination focuses on studying past and present price action to predict the probability of Elme Communities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elme Communities' price. Additionally, you may evaluate how the addition of Elme Communities to your portfolios can decrease your overall portfolio volatility.
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