Morgan Stanley Initiates Coverage on Curbline Properties (NYSE:CURB)

Analysts at Morgan Stanley began coverage on shares of Curbline Properties (NYSE:CURB - Get Free Report) in a research note issued on Wednesday, MarketBeat.com reports. The firm set an "equal weight" rating and a $27.00 price target on the stock. Morgan Stanley's target price would suggest a potential upside of 10.20% from the stock's previous close.

A number of other equities analysts have also recently issued reports on the company. Citigroup initiated coverage on Curbline Properties in a report on Tuesday, October 8th. They set a "neutral" rating and a $25.00 target price on the stock. Stifel Nicolaus assumed coverage on Curbline Properties in a research note on Wednesday, October 2nd. They issued a "buy" rating and a $24.75 price target on the stock. KeyCorp began coverage on Curbline Properties in a research report on Monday, October 7th. They issued a "sector weight" rating on the stock. Compass Point started coverage on shares of Curbline Properties in a report on Wednesday, January 15th. They set a "neutral" rating and a $24.00 target price for the company. Finally, Piper Sandler started coverage on shares of Curbline Properties in a research report on Thursday, October 17th. They set an "overweight" rating and a $28.00 price target on the stock. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $25.11.

Curbline Properties Trading Down 1.0 %

Shares of NYSE:CURB traded down $0.25 during trading hours on Wednesday, hitting $24.50. The stock had a trading volume of 494,205 shares, compared to its average volume of 569,811. Curbline Properties has a 1-year low of $18.80 and a 1-year high of $25.67. The firm has a fifty day moving average price of $23.70.

Institutional Trading of Curbline Properties

Several institutional investors have recently modified their holdings of the business. New York State Common Retirement Fund acquired a new position in Curbline Properties in the fourth quarter valued at approximately $670,000. Peregrine Capital Management LLC bought a new position in shares of Curbline Properties in the fourth quarter valued at approximately $6,783,000. Principal Financial Group Inc. bought a new stake in Curbline Properties in the fourth quarter worth about $12,606,000. State of New Jersey Common Pension Fund D bought a new stake in shares of Curbline Properties in the fourth quarter valued at $3,656,000. Finally, Rhumbline Advisers purchased a new stake in shares of Curbline Properties during the 4th quarter valued at approximately $6,986,000.

Curbline Properties Company Profile

Curbline Properties Corp. is a real estate investment trust which is an owner and manager of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban. Curbline Properties Corp. is based in NEW YORK.