Analysts Offer Insights on Real Estate Companies: Phillips Edison & Company (PECO), Hang Lung Properties (OtherHLPPF) and SBA Communications (SBAC)
Analysts have been eager to weigh in on the Real Estate sector with new ratings on Phillips Edison & Company (PECO – Research Report), Hang Lung Properties (HLPPF – Research Report) and SBA Communications (SBAC – Research Report).
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Phillips Edison & Company (PECO)
In a report released today, Todd Thomas from KeyBanc maintained a Hold rating on Phillips Edison & Company. The company’s shares closed last Wednesday at $36.27.
According to TipRanks.com, Thomas is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Phillips Edison & Company with a $39.20 average price target, representing an 11.3% upside. In a report issued on December 15, Wells Fargo also maintained a Hold rating on the stock with a $36.00 price target.
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Hang Lung Properties (HLPPF)
In a report issued on December 15, Cindy Li from Citi maintained a Buy rating on Hang Lung Properties, with a price target of HK$10.10. The company’s shares closed last Thursday at $1.18.
Li has an average return of
According to TipRanks.com, Li is ranked #8187 out of 10182 analysts.
Currently, the analyst consensus on Hang Lung Properties is a Strong Buy with an average price target of $1.34, a 13.6% upside from current levels. In a report issued on December 10, DBS also maintained a Buy rating on the stock with a HK$10.00 price target.
SBA Communications (SBAC)
In a report released today, Brandon Nispel from KeyBanc maintained a Buy rating on SBA Communications. The company’s shares closed last Wednesday at $190.95, close to its 52-week low of $183.64.
According to TipRanks.com, Nispel is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SBA Communications with a $225.91 average price target.
