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Analysts Offer Insights on Real Estate Companies: Phillips Edison & Company (PECO) and Cubesmart (CUBE)

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Phillips Edison & Company (PECOResearch Report) and Cubesmart (CUBEResearch Report).

Phillips Edison & Company (PECO)

In a report released today, Caitlin Burrows from Goldman Sachs maintained a Buy rating on Phillips Edison & Company. The company’s shares closed last Thursday at $32.93.

According to TipRanks.com, Burrows is a 1-star analyst with an average return of -3.1% and a 42.6% success rate. Burrows covers the NA sector, focusing on stocks such as Hudson Pacific Properties, First Industrial Realty, and Broadstone Net Lease.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Phillips Edison & Company with a $37.50 average price target.

See today’s best-performing stocks on TipRanks >>

Cubesmart (CUBE)

Truist Financial analyst Ki Bin Kim maintained a Hold rating on Cubesmart today and set a price target of $46.00. The company’s shares closed last Thursday at $41.38.

According to TipRanks.com, Kim is a 4-star analyst with an average return of 8.1% and a 57.0% success rate. Kim covers the NA sector, focusing on stocks such as Essential Properties Realty, National Storage Affiliates, and First Industrial Realty.

Currently, the analyst consensus on Cubesmart is a Hold with an average price target of $46.89.

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