What 4 Analyst Ratings Have To Say About Phillips Edison
Portfolio Pulse from Benzinga Insights
Phillips Edison (NASDAQ:PECO) has received mixed analyst ratings over the past three months, with a recent average price target of $35.25, down 3.42% from the previous target. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Despite a 6.16% revenue growth, PECO faces challenges with below-average net margin, ROE, and ROA compared to industry benchmarks.
August 19, 2024 | 5:01 pm
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Phillips Edison has received mixed analyst ratings, with a recent average price target of $35.25, a decrease of 3.42% from the prior target. Analysts have adjusted their ratings, reflecting changing market conditions and company performance. Despite a 6.16% revenue growth, PECO faces challenges with below-average net margin, ROE, and ROA compared to industry benchmarks.
The mixed analyst ratings and the decrease in the average price target suggest a neutral short-term impact on PECO's stock price. While the company has shown revenue growth, its financial metrics like net margin, ROE, and ROA are below industry averages, indicating potential challenges. The adjustments in analyst ratings reflect these mixed signals, leading to a neutral outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100