Analysts Set Phillips Edison & Company, Inc. (NASDAQ:PECO) PT at $38.83

Shares of Phillips Edison & Company, Inc. ( NASDAQ:PECO – Get Free Report ) have earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat.com reports.

Three investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $38.83.



Several equities analysts recently commented on PECO shares. Mizuho reduced their price target on Phillips Edison & Company, Inc. from $41.

00 to $38.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 25th. JPMorgan Chase & Co.

reduced their target price on shares of Phillips Edison & Company, Inc. from $41.00 to $40.

00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Finally, Wells Fargo & Company lowered their price target on shares of Phillips Edison & Company, Inc. from $37.

00 to $36.00 and set an “equal weight” rating for the company in a report on Wednesday, March 26th. Check Out Our Latest Stock Report on PECO Institutional Inflows and Outflows Phillips Edison & Company, Inc.

Trading Down 3.4 % NASDAQ:PECO opened at $36.06 on Friday.

The firm’s fifty day simple moving average is $36.15 and its 200 day simple moving average is $37.22.

Phillips Edison & Company, Inc. has a twelve month low of $30.62 and a twelve month high of $40.

12. The firm has a market capitalization of $4.51 billion, a price-to-earnings ratio of 72.

12, a PEG ratio of 1.70 and a beta of 0.57.

Phillips Edison & Company, Inc. ( NASDAQ:PECO – Get Free Report ) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.

62 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.50.

Phillips Edison & Company, Inc. had a return on equity of 2.40% and a net margin of 9.

48%. On average, analysts predict that Phillips Edison & Company, Inc. will post 2.

55 earnings per share for the current year. Phillips Edison & Company, Inc. Announces Dividend The firm also recently announced a monthly dividend, which will be paid on Thursday, May 1st.

Stockholders of record on Tuesday, April 15th will be paid a dividend of $0.1025 per share. This represents a $1.

23 annualized dividend and a dividend yield of 3.41%. The ex-dividend date is Tuesday, April 15th.

Phillips Edison & Company, Inc.’s dividend payout ratio (DPR) is currently 246.00%.

About Phillips Edison & Company, Inc. ( Get Free Report Phillips Edison & Co, Inc is a real estate investment trust, which engages in the ownership and operation of shopping centers. It also offers an investment management business providing property management and advisory services.

Its portfolio consists of well-occupied, grocery-anchored neighborhood and community shopping centers having a mix of national, regional, and local retailers offering necessity-based goods and services. Read More Receive News & Ratings for Phillips Edison & Company Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phillips Edison & Company Inc.

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