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Phillips Edison Analyst Ratings

Benzinga ·  Nov 13, 2023 10:08
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
11/13/2023 -4.71% Wells Fargo $35 → $32 Maintains Underweight
09/20/2023 4.23% Wells Fargo → $35 Downgrades Equal-Weight → Underweight
09/18/2023 7.21% Mizuho $35 → $36 Maintains Neutral
08/08/2023 31.03% Goldman Sachs $39 → $44 Maintains Buy
07/20/2023 4.23% Mizuho $30 → $35 Maintains Neutral
07/06/2023 Wolfe Research Downgrades Outperform → Peer Perform
06/13/2023 16.14% Goldman Sachs $38 → $39 Maintains Buy
05/25/2023 -10.66% Mizuho $35 → $30 Maintains Neutral
05/24/2023 -7.68% Wells Fargo → $31 Initiates Coverage On → Equal-Weight
03/21/2023 13.16% Goldman Sachs → $38 Reinstates → Buy
03/01/2023 4.23% Mizuho $33 → $35 Maintains Neutral
01/09/2023 Credit Suisse Upgrades Neutral → Outperform
11/11/2022 -7.68% Mizuho $35 → $31 Maintains Neutral
08/29/2022 1.25% Morgan Stanley $31 → $34 Maintains Equal-Weight
07/21/2022 4.23% Mizuho → $35 Downgrades Buy → Neutral
07/15/2022 -7.68% Morgan Stanley $32 → $31 Maintains Equal-Weight
06/23/2022 1.25% Credit Suisse → $34 Initiates Coverage On → Neutral
06/22/2022 1.25% Compass Point $36.5 → $34 Maintains Neutral
05/13/2022 -4.71% Morgan Stanley $37 → $32 Maintains Equal-Weight
04/22/2022 8.7% Compass Point → $36.5 Initiates Coverage On → Neutral
04/07/2022 4.23% Wells Fargo $32 → $35 Maintains Equal-Weight
03/09/2022 10.18% Morgan Stanley → $37 Downgrades Overweight → Equal-Weight
03/03/2022 10.18% Morgan Stanley $40 → $37 Maintains Overweight
02/15/2022 4.23% Mizuho $34 → $35 Maintains Buy
12/14/2021 -4.71% Wells Fargo → $32 Downgrades Overweight → Equal-Weight
08/19/2021 -1.73% Morgan Stanley $32 → $33 Maintains Overweight
08/09/2021 -4.71% JP Morgan → $32 Initiates Coverage On → Neutral
08/09/2021 -4.71% B of A Securities → $32 Initiates Coverage On → Buy
08/09/2021 -4.71% Wells Fargo → $32 Initiates Coverage On → Overweight
08/09/2021 -1.73% Mizuho → $33 Initiates Coverage On → Buy
08/09/2021 7.21% Goldman Sachs → $36 Initiates Coverage On → Buy
08/09/2021 -4.71% BMO Capital → $32 Initiates Coverage On → Market Perform
08/09/2021 -4.71% Morgan Stanley → $32 Initiates Coverage On → Overweight
08/09/2021 Keybanc Initiates Coverage On → Sector Weight

What is the target price for Phillips Edison (PECO)?

The latest price target for Phillips Edison (NASDAQ: PECO) was reported by Wells Fargo on November 13, 2023. The analyst firm set a price target for $32.00 expecting PECO to fall to within 12 months (a possible -4.71% downside). 12 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Phillips Edison (PECO)?

The latest analyst rating for Phillips Edison (NASDAQ: PECO) was provided by Wells Fargo, and Phillips Edison maintained their underweight rating.

When is the next analyst rating going to be posted or updated for Phillips Edison (PECO)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Phillips Edison, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Phillips Edison was filed on November 13, 2023 so you should expect the next rating to be made available sometime around November 13, 2024.

Is the Analyst Rating Phillips Edison (PECO) correct?

While ratings are subjective and will change, the latest Phillips Edison (PECO) rating was a maintained with a price target of $35.00 to $32.00. The current price Phillips Edison (PECO) is trading at is $33.58, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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