Shares of Equity LifeStyle Properties Upgraded

According to Zacks has upgraded shares of Equity LifeStyle Properties, Inc. (NYSE:ELS) from “neutral” rating to “outperform” in a research report issued to investors, with a $42.80 target price on the stock. While ELS has a 52-week low of $33.36 and a 52-week of $42.86, it closed down Tuesday -0.63 percent at $36.23. The company’s market cap is $3.019 billion and price-to-earnings ratio is 28.24. A real estate investment trust (REIT), knows ELS owns over 370 manufactured housing and recreational vehicle (RV) communities in North America comprised of nearly 140,000 homesites.

(Photo credit: Equity LifeStyle Properties, Inc.)

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