Phillips Edison & Company, Inc. (NASDAQ:PECO) Price Target Raised to $42.00

Key Points

• Barclays raised its price target on Phillips Edison to $42 from $40 and kept an "equal weight" rating, implying roughly a 9.3% upside from the current share price.
• The analyst consensus is a Hold with an average target of $39.71 (four Buys, five Holds), though Evercore is more bullish with a $42 "Outperform" rating.
• Most recent quarter saw an EPS miss ($0.38 vs. $0.66 expected) while revenue rose 8.6% to $187.9M; management set FY2026 EPS guidance of $0.74–$0.77 and the stock trades around $38.43 with a market cap near $4.8B.

Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) had its price target increased by Barclays from $40.00 to $42.00 in a research note issued on Monday,Benzinga reports. The firm presently has an "equal weight" rating on the stock. Barclays's price target would suggest a potential upside of 9.28% from the stock's current price.

Several other analysts have also commented on the company. Evercore set a $42.00 price objective on Phillips Edison & Company, Inc. and gave the company an "outperform" rating in a report on Friday, February 6th. Wells Fargo & Company increased their price objective on Phillips Edison & Company, Inc. from $36.00 to $40.00 and gave the company an "equal weight" rating in a report on Thursday, March 19th. Morgan Stanley increased their price objective on Phillips Edison & Company, Inc. from $36.00 to $37.00 and gave the company an "equal weight" rating in a report on Monday, January 5th. UBS Group increased their price objective on Phillips Edison & Company, Inc. from $37.00 to $38.00 and gave the company a "neutral" rating in a report on Thursday, January 8th. Finally, Mizuho set a $39.00 price objective on Phillips Edison & Company, Inc. in a report on Friday, January 9th. Four investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Phillips Edison & Company, Inc. currently has a consensus rating of "Hold" and an average target price of $39.71.

Phillips Edison & Company, Inc. Stock Performance

NASDAQ PECO opened at $38.43 on Monday. Phillips Edison & Company, Inc. has a fifty-two week low of $32.84 and a fifty-two week high of $40.06. The stock has a market cap of $4.83 billion, a P/E ratio of 43.19, a price-to-earnings-growth ratio of 0.98 and a beta of 0.53. The stock has a 50 day simple moving average of $38.02 and a two-hundred day simple moving average of $35.98.

Phillips Edison & Company, Inc. (NASDAQ:PECO - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.28). Phillips Edison & Company, Inc. had a return on equity of 4.29% and a net margin of 15.32%.The business had revenue of $187.86 million during the quarter, compared to analysts' expectations of $183.18 million. During the same quarter in the prior year, the firm earned $0.62 EPS. The firm's revenue for the quarter was up 8.6% compared to the same quarter last year. Phillips Edison & Company, Inc. has set its FY 2026 guidance at 0.740-0.770 EPS. Sell-side analysts predict that Phillips Edison & Company, Inc. will post 2.55 earnings per share for the current year.

Institutional Investors Weigh In On Phillips Edison & Company, Inc.

A number of institutional investors have recently modified their holdings of PECO. Royal Bank of Canada grew its position in shares of Phillips Edison & Company, Inc. by 12.8% during the 1st quarter. Royal Bank of Canada now owns 81,726 shares of the company's stock valued at $2,982,000 after acquiring an additional 9,250 shares during the period. AQR Capital Management LLC grew its position in shares of Phillips Edison & Company, Inc. by 8.2% during the 1st quarter. AQR Capital Management LLC now owns 11,091 shares of the company's stock valued at $405,000 after acquiring an additional 845 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in shares of Phillips Edison & Company, Inc. during the 1st quarter valued at about $333,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Phillips Edison & Company, Inc. by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 73,111 shares of the company's stock valued at $2,668,000 after acquiring an additional 3,199 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in shares of Phillips Edison & Company, Inc. by 49.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,604 shares of the company's stock valued at $91,000 after acquiring an additional 865 shares during the period. 80.70% of the stock is currently owned by institutional investors and hedge funds.

About Phillips Edison & Company, Inc.

Phillips Edison & Company, Inc is a publicly traded real estate investment trust (REIT) that specializes in the acquisition, ownership and operation of grocery-anchored, necessity-based shopping centers. The company's investment strategy is centered on properties that benefit from everyday consumer demand, seeking to deliver stable cash flows through long-term, triple-net leases with national and regional tenants in the grocery, drugstore and essential retail sectors.

In addition to its core retail portfolio, Phillips Edison & Company provides integrated services covering property management, asset management, leasing, development and acquisition sourcing.

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