Phillips Edison (PECO) Stock Forecast, Price Target & Predictions
PECO Stock Forecast
Phillips Edison (PECO) stock forecast, based on 7 Wall Street analysts, predicts a 12-month average price target of $37.00, with a high of $37.00 and a low of $37.00. This represents a 1.96% increase from the last price of $36.29.
PECO Stock Rating
Phillips Edison stock's rating consensus is Buy, based on 7 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (57.14%), 3 Hold (42.86%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
PECO Forecast vs Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Phillips Edison | 1.96% |
Sector | Real Estate Stocks | 14.90% |
Industry | Retail REIT Stocks | 9.83% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 2 |
Avg Price Target | - | - | $37.50 |
Last Closing Price | $36.29 | $36.29 | $36.29 |
Upside/Downside | - | - | 3.33% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jan, 25 | 1 | 4 | 6 | - | - | 11 |
Dec, 24 | 1 | 4 | 6 | - | - | 11 |
Nov, 24 | 1 | 4 | 7 | - | - | 12 |
Oct, 24 | 1 | 3 | 7 | 1 | - | 12 |
Sep, 24 | 1 | 3 | 7 | 1 | - | 12 |
Latest Price Target by Analysts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 28, 2024 | Dori Kesten | Wells Fargo | $37.00 | $36.95 | 0.14% | 1.96% |
May 29, 2024 | Omotayo Okusanya | Deutsche Bank | $38.00 | $31.13 | 22.07% | 4.71% |
Aug 29, 2022 | Morgan Stanley | $34.00 | $33.45 | 1.64% | -6.31% | |
Jul 15, 2022 | Morgan Stanley | $31.00 | $34.15 | -9.22% | -14.58% | |
Jun 22, 2022 | Compass Point | $34.00 | $32.85 | 3.50% | -6.31% | |
May 13, 2022 | Morgan Stanley | $32.00 | $33.40 | -4.19% | -11.82% | |
Apr 22, 2022 | Compass Point | $36.50 | $36.04 | 1.28% | 0.58% |
Latest Upgrade/Downgrade by Analysts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Nov 12, 2024 | Wolfe Research | Outperform | Outperform | upgrade |
Sep 10, 2024 | Compass Point | Neutral | Neutral | hold |
Aug 28, 2024 | Wells Fargo | Equal-Weight | upgrade | |
May 29, 2024 | Deutsche Bank | Buy | Buy | hold |
Jun 13, 2023 | Goldman Sachs | Buy | Buy | hold |
Jan 09, 2023 | Credit Suisse | Outperform | upgrade | |
Aug 29, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | hold |
Jul 15, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | hold |
Jun 22, 2022 | Compass Point | Neutral | Neutral | hold |
May 13, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | hold |
Financial Forecast
EPS Forecast
Annual
Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|
Reported | $0.15 | $0.42 | $0.48 | - | - | - |
Avg Forecast | $0.13 | $0.36 | $0.44 | $0.48 | $0.58 | $0.65 |
High Forecast | $0.12 | $0.34 | $0.44 | $0.47 | $0.58 | $0.53 |
Low Forecast | $0.13 | $0.37 | $0.44 | $0.48 | $0.59 | $0.82 |
Surprise % | 15.38% | 16.67% | 9.09% | - | - | - |
Revenue Forecast
Annual
Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|
Reported | $532.85M | $575.37M | $610.12M | - | - | - |
Avg Forecast | $518.83M | $559.49M | $598.39M | $646.00M | $697.69M | $744.21M |
High Forecast | $502.67M | $535.49M | $595.37M | $644.91M | $676.95M | $743.63M |
Low Forecast | $530.54M | $574.00M | $602.92M | $647.09M | $718.42M | $744.78M |
Surprise % | 2.70% | 2.84% | 1.96% | - | - | - |
Net Income Forecast
Annual
Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|
Reported | $15.12M | $48.32M | $56.85M | - | - | - |
Avg Forecast | $16.88M | $47.45M | $58.82M | $63.19M | $77.30M | $84.38M |
High Forecast | $16.20M | $44.80M | $58.57M | $62.79M | $76.69M | $70.67M |
Low Forecast | $17.38M | $49.05M | $59.07M | $63.58M | $77.91M | $109.10M |
Surprise % | -10.42% | 1.85% | -3.36% | - | - | - |