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Analysts Offer Insights on Real Estate Companies: Cousins Properties (CUZ) and Phillips Edison & Company (PECO)

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

Cousins Properties (CUZ)

Wells Fargo analyst Blaine Heck maintained a Buy rating on Cousins Properties yesterday and set a price target of $26.00. The company’s shares closed last Thursday at $23.04.

According to TipRanks.com, Heck is a 1-star analyst with an average return of -2.5% and a 45.4% success rate. Heck covers the NA sector, focusing on stocks such as Rexford Industrial Realty, Hudson Pacific Properties, and First Industrial Realty.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cousins Properties with a $25.80 average price target, implying a 13.3% upside from current levels. In a report issued on April 17, Barclays also maintained a Buy rating on the stock with a $25.00 price target.

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

Phillips Edison & Company (PECO)

Wells Fargo analyst Dori Kesten maintained a Sell rating on Phillips Edison & Company yesterday and set a price target of $35.00. The company’s shares closed last Thursday at $32.93.

According to TipRanks.com, Kesten is a 4-star analyst with an average return of 7.3% and a 67.9% success rate. Kesten covers the NA sector, focusing on stocks such as Retail Opportunity Investments, Xenia Hotels & Resorts, and Apple Hospitality REIT.

Currently, the analyst consensus on Phillips Edison & Company is a Moderate Buy with an average price target of $38.00.

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