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

  • Consensus Rating: Hold
  • Consensus Price Target: $33.17
  • Forecasted Upside: 6.54%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$31.13 As of 06/5/2023 01:10 PM ET
▲ +0.95 (3.15%)

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 $33.17
▲ +6.54% 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 $33.17, with a high forecast of $38.00 and a low forecast of $30.00. The average price target represents a 6.54% upside from the last price of $31.13.

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 6 polled investment analysts is to hold stock in Phillips Edison & Company, Inc..

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
12/12/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
3/12/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
6/10/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
9/8/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
12/7/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
3/7/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
5/6/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
6/5/2023

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
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 6/5/2018 forward)

News Sentiment Rating

0.73 (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
  • 1 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/7/2022
  • 2 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/7/2022
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/6/2023
  • 8 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/5/2023
  • 13 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/7/2023
  • 8 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/6/2023
  • 14 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/6/2023
  • 11 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/5/2023

Current Sentiment

  • 11 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Phillips Edison & Company, Inc. logo
Phillips Edison & Company, Inc. (PECO), an internally-managed REIT, is one of the nation's largest owners and operators of grocery-anchored shopping centers. PECO's diversified portfolio of well-occupied neighborhood shopping centers features a mix of national and regional retailers selling necessity-based goods and services in fundamentally strong markets throughout the United States. Through its vertically-integrated operating platform, the Company manages a portfolio of 309 properties, including 283 wholly-owned properties comprising approximately 31.7 million square feet across 31 states (as of September 30, 2020). PECO has generated strong operating results over its 29+ year history and has partnered with leading institutional commercial real estate investors, including TPG Real Estate and The Northwestern Mutual Life Insurance Company. The Company remains exclusively focused on creating great grocery-anchored shopping experiences and improving the communities it serves one center at a time. Phillips Edison & Company Ltd. operates as a subsidiary of Phillips Edison Grocery Center Operating Partnership I, L.P.
Read More

Today's Range

Now: $31.13
Low: $31.00
High: $31.82

50 Day Range

MA: $30.54
Low: $28.14
High: $32.62

52 Week Range

Now: $31.13
Low: $27.07
High: $35.41

Volume

875,445 shs

Average Volume

575,042 shs

Market Capitalization

$3.65 billion

P/E Ratio

66.24

Dividend Yield

3.85%

Beta

0.53

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: Compass Point, Credit Suisse Group AG, Mizuho, Morgan Stanley, The Goldman Sachs Group, Inc., and Wells Fargo & Company.
View the latest analyst ratings for PECO.

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

6 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 $33.17, suggesting a possible upside of 9.9%. The Goldman Sachs Group, Inc. has the highest price target set, predicting PECO will reach $38.00 in the next twelve months. Mizuho has the lowest price target set, forecasting a price of $30.00 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 4 hold ratings and 2 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 Apple Hospitality REIT, National Storage Affiliates Trust, Physicians Realty Trust, Blackstone Mortgage Trust and Kilroy Realty. 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.