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Phillips Edison & Company, Inc. - PECO Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $38.14
  • Forecasted Upside: 19.12%
  • Number of Analysts: 7
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$32.02 As of 04/17/2024 01:00 AM ET
▼ -0.36 (-1.11%)

This chart shows the closing price for PECO by one month, three months, or twelve months.

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Analyst Price Target for PECO

Analyst Price Target is $38.14
▲ +19.12% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Phillips Edison & Company, Inc. in the last 3 months. The average price target is $38.14, with a high forecast of $44.00 and a low forecast of $32.00. The average price target represents a 19.12% upside from the last price of $32.02.

This chart shows the closing price for PECO for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 7 investment analysts is to hold stock in Phillips Edison & Company, Inc.. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
10/25/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
1/23/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
4/23/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
7/22/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
10/20/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
1/18/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
3/18/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
4/17/2024

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/23/2024MizuhoUpgradeNeutral ➝ Buy$35.00 ➝ $37.00Low
2/14/2024JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$39.00 ➝ $37.00Low
1/30/2024Deutsche Bank AktiengesellschaftInitiated CoverageBuy$41.00Low
12/15/2023BMO Capital MarketsBoost TargetMarket Perform ➝ Market Perform$37.00 ➝ $40.00Low
12/1/2023MizuhoLower TargetNeutral ➝ Neutral$36.00 ➝ $35.00Low
11/13/2023Wells Fargo & CompanyLower TargetUnderweight ➝ Underweight$35.00 ➝ $32.00Low
9/20/2023Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$35.00Low
9/18/2023MizuhoBoost TargetNeutral ➝ Neutral$35.00 ➝ $36.00Low
8/8/2023The Goldman Sachs GroupBoost TargetBuy ➝ Buy$39.00 ➝ $44.00Low
8/3/2023Compass PointBoost Target$32.00 ➝ $36.00Low
7/20/2023MizuhoBoost Target$30.00 ➝ $35.00Low
7/5/2023Wolfe ResearchDowngradeOutperform ➝ Peer PerformLow
5/25/2023MizuhoLower Target$35.00 ➝ $30.00Low
5/23/2023Wells Fargo & CompanyInitiated CoverageEqual Weight$31.00Low
3/21/2023The Goldman Sachs GroupInitiated CoverageBuy$38.00Low
3/1/2023MizuhoBoost TargetNeutral$33.00 ➝ $35.00Low
1/9/2023Credit Suisse GroupUpgradeNeutral ➝ OutperformLow
11/11/2022MizuhoLower TargetNeutral$35.00 ➝ $31.00Low
11/4/2022Credit Suisse GroupLower Target$32.00Low
8/29/2022Morgan StanleyBoost TargetEqual Weight$31.00 ➝ $34.00Low
7/21/2022MizuhoDowngradeBuy ➝ Neutral$35.00Low
7/15/2022Morgan StanleyLower Target$32.00 ➝ $31.00Low
6/22/2022Credit Suisse GroupInitiated CoverageNeutral$34.00Low
6/22/2022Compass PointLower TargetNeutral$36.50 ➝ $34.00Low
4/22/2022Compass PointInitiated CoverageNeutral$36.50Medium
4/7/2022Wells Fargo & CompanyBoost TargetEqual Weight$32.00 ➝ $35.00Medium
3/9/2022Morgan StanleyDowngradeOverweight ➝ Equal Weight$37.00Medium
3/3/2022Morgan StanleyLower TargetOverweight ➝ Equal Weight$40.00 ➝ $37.00Low
2/15/2022MizuhoBoost TargetBuy$34.00 ➝ $35.00Medium
1/20/2022MizuhoLower Target$35.00 ➝ $34.00Low
1/10/2022Wolfe ResearchInitiated CoverageOutperformLow
12/14/2021Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$32.00Medium
8/19/2021Morgan StanleyBoost TargetOverweight$32.00 ➝ $33.00Low
8/9/2021JPMorgan Chase & Co.Initiated CoverageNeutral$32.00Medium
8/9/2021MizuhoInitiated CoverageBuy$33.00Medium
8/9/2021Wells Fargo & CompanyInitiated CoverageOverweight$32.00Medium
8/9/2021Bank of AmericaInitiated CoverageBuy$32.00Medium
8/9/2021The Goldman Sachs GroupInitiated CoverageBuy$36.00Medium
8/9/2021BMO Capital MarketsInitiated CoverageMarket Perform$32.00Medium
8/9/2021KeyCorpInitiated CoverageSector Weight ➝ Sector WeightMedium
8/9/2021Morgan StanleyInitiated CoverageOverweight$32.00Medium
(Data available from 4/17/2019 forward)

News Sentiment Rating

1.00 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 13 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/20/2023
  • 9 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/20/2023
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/19/2023
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/19/2023
  • 6 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/18/2024
  • 12 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/17/2024
  • 11 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/18/2024
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/17/2024

Current Sentiment

  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Phillips Edison & Company, Inc. logo
Phillips Edison & Company, Inc. (PECO) is one of the nation's largest owners and operators of omni-channel grocery-anchored shopping centers. Founded in 1991, PECO has generated strong results through its vertically-integrated operating platform and national footprint of well-occupied shopping centers. PECO's centers feature a mix of national and regional retailers providing necessity-based goods and services in fundamentally strong markets throughout the United States. PECO's top grocery anchors include Kroger, Publix, Albertsons and Ahold Delhaize. As of December 31, 2023, PECO managed 301 shopping centers, including 281 wholly-owned centers comprising 32.2 million square feet across 31 states and 20 shopping centers owned in one institutional joint venture. PECO is exclusively focused on creating great omni-channel, grocery-anchored shopping experiences and improving communities, one neighborhood shopping center at a time.
Read More

Today's Range

Now: $32.02
Low: $32.01
High: $32.46

50 Day Range

MA: $34.85
Low: $32.02
High: $36.33

52 Week Range

Now: $32.02
Low: $27.85
High: $37.92

Volume

459,360 shs

Average Volume

623,529 shs

Market Capitalization

$3.91 billion

P/E Ratio

69.61

Dividend Yield

3.59%

Beta

0.55

Frequently Asked Questions

What sell-side analysts currently cover shares of Phillips Edison & Company, Inc.?

The following sell-side analysts have issued stock ratings on Phillips Edison & Company, Inc. in the last twelve months: BMO Capital Markets, Compass Point, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Mizuho, The Goldman Sachs Group, Inc., Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for PECO.

What is the current price target for Phillips Edison & Company, Inc.?

7 Wall Street analysts have set twelve-month price targets for Phillips Edison & Company, Inc. in the last year. Their average twelve-month price target is $38.14, suggesting a possible upside of 19.1%. The Goldman Sachs Group, Inc. has the highest price target set, predicting PECO will reach $44.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $32.00 for Phillips Edison & Company, Inc. in the next year.
View the latest price targets for PECO.

What is the current consensus analyst rating for Phillips Edison & Company, Inc.?

Phillips Edison & Company, Inc. currently has 1 sell rating, 3 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in PECO, but not buy more shares or sell existing shares.
View the latest ratings for PECO.

What other companies compete with Phillips Edison & Company, Inc.?

Other companies that are similar to Phillips Edison & Company, Inc. include Weingarten Realty Investors, Essential Properties Realty Trust, Apple Hospitality REIT, Kite Realty Group Trust and Independence Realty Trust. Learn More about companies similar to Phillips Edison & Company, Inc..

How do I contact Phillips Edison & Company, Inc.'s investor relations team?

The company's listed phone number is 513-554-1110 and its investor relations email address is [email protected]. The official website for Phillips Edison & Company, Inc. is www.phillipsedison.com. Learn More about contacing Phillips Edison & Company, Inc. investor relations.