Phillips Edison & Co Inc has a consensus price target of $37.56 based on the ratings of 11 analysts. The high is $44 issued by Goldman Sachs on August 8, 2023. The low is $34 issued by Morgan Stanley on August 29, 2022. The 3 most-recent analyst ratings were released by Compass Point, Wells Fargo, and Mizuho on September 10, 2024, August 28, 2024, and August 19, 2024, respectively. With an average price target of $36.67 between Compass Point, Wells Fargo, and Mizuho, there's an implied -4.56% downside for Phillips Edison & Co Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Phillips Edison (NASDAQ:PECO) was reported by Compass Point on September 10, 2024. The analyst firm set a price target for $37.00 expecting PECO to fall to within 12 months (a possible -3.70% downside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for Phillips Edison (NASDAQ:PECO) was provided by Compass Point, and Phillips Edison maintained their neutral rating.
The last upgrade for Phillips Edison & Co Inc happened on August 28, 2024 when Wells Fargo raised their price target to $37. Wells Fargo previously had an underweight for Phillips Edison & Co Inc.
The last downgrade for Phillips Edison & Co Inc happened on September 20, 2023 when Wells Fargo changed their price target from N/A to $35 for Phillips Edison & Co Inc.
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 September 10, 2024 so you should expect the next rating to be made available sometime around September 10, 2025.
While ratings are subjective and will change, the latest Phillips Edison (PECO) rating was a maintained with a price target of $36.00 to $37.00. The current price Phillips Edison (PECO) is trading at is $38.42, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.