Analyst Price Target is $37.50
▲ +2.71% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Phillips Edison & Company, Inc. in the last 3 months. The average price target is $37.50, with a high forecast of $40.00 and a low forecast of $36.00. The average price target represents a 2.71% upside from the last price of $36.51.
Current Consensus is
Hold
The current consensus among 6 investment analysts is to hold stock in Phillips Edison & Company, Inc.. This Hold consensus rating has held steady for over two years.
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.
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