Compass Point analyst Floris van Dijkum maintained a Hold rating on Phillips Edison & Company (PECO – Research Report) today and set a price target of $39.00. The company’s shares closed last Friday at $37.08.
van Dijkum covers the Real Estate sector, focusing on stocks such as Boston Properties, Kimco Realty, and Brixmor Property. According to TipRanks, van Dijkum has an average return of 4.3% and a 51.50% success rate on recommended stocks.
In addition to Compass Point, Phillips Edison & Company also received a Hold from KeyBanc’s Todd Thomas in a report issued on December 15. However, on the same day, Bank of America Securities reiterated a Buy rating on Phillips Edison & Company (NASDAQ: PECO).
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PECO market cap is currently $4.43B and has a P/E ratio of 76.56.
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Phillips Edison & Company (PECO) Company Description:
Phillips Edison & Co Inc is a real estate investment trust. It invests primarily in well-occupied, grocery-anchored neighborhood and community shopping centers. It holds an integrated in-house operating platform built on market leading expertise designed to optimize property value and consistently deliver a great shopping experience.
Read More on PECO:
- Phillips Edison price target raised by $3 at BMO Capital, here’s why
- Phillips Edison price target raised to $40 from $37 at BMO Capital
- Phillips Edison price target lowered to $35 from $36 at Mizuho
- Phillips Edison & Company to Host Investment Community Day
- Phillips Edison management to meet with KeyBanc
