The most bullish Wall Street analyst has a short term price target of $63 for Equity LifeStyle Properties (NYSE:ELS), according to Zacks, and the most bearish has a one-year $57 dollar target. Zacks consensus target price is $60, based on three analysts 12-months projections.

As stocksdaily tells MHProNews, Zacks utilizes an average broker recommendation (ABR) rating system to simplify the buy, sell, hold ratings used by researchers in weighing stocks. On a rating system of 1 to 5, 1 represents a strong buy and 5 a strong sell. Zacks current ABR for ELS is 1.5.

For the current quarter, analysts are predicting earnings of $0.76 per share for ELS.

ELS owns and operates over 340 manufactured home and recreational vehicle communities comprised of more than 143,000 home sites across the U. S. and Canada. ##

(Image credit: Equity LifeStyle Properties)

Article submitted by Matthew J. Silver to Daily Business News-MHProNews.