Phillips Edison & Company, Inc. (PECO) Stock Forecast & Price Target

$37.08

-0.09 (-0.24%)

(As of 09/6/2024 ET)

Phillips Edison & Company, Inc. - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 6 Analyst Ratings

Based on 6 Wall Street analysts who have issued ratings for Phillips Edison & Company, Inc. in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 4 have given a hold rating, and 2 have given a buy rating for PECO.

Consensus Price Target

$37.33
0.68% Upside

High Forecast	$40.00
Average Forecast	$37.33
Low Forecast	$36.00

According to the 6 analysts' twelve-month price targets for Phillips Edison & Company, Inc., the average price target is $37.33. The highest price target for PECO is $40.00, while the lowest price target for PECO is $36.00. The average price target represents a forecasted upside of 0.68% from the current price of $37.08.

Type	Current Forecast 9/8/23 to 9/7/24	1 Month Ago 8/9/23 to 8/8/24	3 Months Ago 6/10/23 to 6/9/24	1 Year Ago 9/8/22 to 9/8/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	2 Buy rating(s)
Hold	4 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$37.33	$37.43	$37.43	$35.60
Forecasted Upside	0.68% Upside	12.57% Upside	12.57% Upside	7.16% Upside

Get Phillips Edison & Company, Inc. Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for PECO and its competitors with MarketBeat's FREE daily newsletter.

Ad Sasco Gold LLC

Say Goodbye to the US Dollar

The warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late...

[RUSH MY FREE GUIDE]

PECO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PECO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Phillips Edison & Company, Inc. Stock vs. The Competition

Type	Phillips Edison & Company, Inc.	Finance Companies	S&P 500
Consensus Rating Score	2.33	2.46	2.51
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	0.68% Upside	40.23% Upside	11.35% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/28/2024	Wells Fargo & Company 3 of 5 stars	D. Kesten Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underweight ➝ Equal Weight	$34.00 ➝ $37.00	+0.52%
8/19/2024	Mizuho 3 of 5 stars		Boost Target	Outperform ➝ Outperform	$33.00 ➝ $36.00	+2.07%
5/29/2024	Deutsche Bank Aktiengesellschaft 2 of 5 stars		Lower Target	Buy ➝ Buy	$41.00 ➝ $38.00	+23.14%
4/29/2024	Compass Point Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$39.00 ➝ $36.00	+10.26%
2/14/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$39.00 ➝ $37.00	+8.92%
12/15/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$37.00 ➝ $40.00	+9.59%
Get the Latest News and Ratings for PECO and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Phillips Edison & Company, Inc. and its competitors with MarketBeat's FREE daily newsletter.
8/8/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$39.00 ➝ $44.00	+23.39%
7/5/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Peer Perform
1/9/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Outperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:18 PM ET.

PECO Forecast - Frequently Asked Questions

What is Phillips Edison & Company, Inc.'s forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Phillips Edison & Company, Inc. is $37.33, with a high forecast of $40.00 and a low forecast of $36.00.
Should I buy or sell Phillips Edison & Company, Inc. stock right now?: 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Phillips Edison & Company, Inc. in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PECO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PECO, but not buy additional shares or sell existing shares.
Does Phillips Edison & Company, Inc.'s stock price have much upside?: According to analysts, Phillips Edison & Company, Inc.'s stock has a predicted upside of 8.71% based on their 12-month stock forecasts.
Has Phillips Edison & Company, Inc. been upgraded by Wall Street analysts recently?: Over the previous 90 days, Phillips Edison & Company, Inc.'s stock had 1 upgrade by analysts.
What analysts cover Phillips Edison & Company, Inc.?: Phillips Edison & Company, Inc. has been rated by research analysts at Mizuho, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like Phillips Edison & Company, Inc. more than its competitors?: Analysts like Phillips Edison & Company, Inc. less than other "finance" companies. The consensus rating score for Phillips Edison & Company, Inc. is 2.33 while the average consensus rating score for "finance" companies is 2.46. Learn more on how PECO compares to other companies.