Acquisition Deal: CNSREIT successfully acquires Springs Plaza, a 195,000 square foot shopping center in Bonita Springs, Florida, through a joint venture with Phillips Edison, achieving a 99% occupancy rate and enhancing its position in high-quality property investments.
Market Potential: With over 1,100 housing units under construction within a five-mile radius and a projected 3.8% population growth over the next five years, the acquisition provides significant cash flow growth potential for CNSREIT.
Tenant Quality: Major tenants at Springs Plaza include well-known brands such as ALDI, Ross, and Ollie's, ensuring stable rental income, and CNSREIT plans to further optimize investment returns by enhancing tenant quality.
Industry Trend: According to CoStar Group, open-air shopping centers have reached a 16-year high occupancy rate of 95.7%, and CNSREIT's acquisition aligns with this market trend, demonstrating its ongoing focus on necessity-driven shopping centers.
PECO
$35.57+Infinity%1D
Analyst Views on PECO
Wall Street analysts forecast PECO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PECO is 38.75 USD with a low forecast of 36.00 USD and a high forecast of 43.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
Wall Street analysts forecast PECO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PECO is 38.75 USD with a low forecast of 36.00 USD and a high forecast of 43.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
6 Hold
0 Sell
Hold
Current: 35.050
Low
36.00
Averages
38.75
High
43.00
Current: 35.050
Low
36.00
Averages
38.75
High
43.00
Barclays
Equal Weight
maintain
$38 -> $40
2025-11-18
Reason
Barclays
Price Target
$38 -> $40
2025-11-18
maintain
Equal Weight
Reason
Barclays raised the firm's price target on Phillips Edison to $40 from $38 and keeps an Equal Weight rating on the shares. The firm adjusted models in the real estate investment group following the Q3 reports.
Wells Fargo
Cooper Clark
Equal Weight
initiated
$36
2025-10-21
Reason
Wells Fargo
Cooper Clark
Price Target
$36
2025-10-21
initiated
Equal Weight
Reason
Wells Fargo analyst Cooper Clark assumed coverage of Phillips Edison with an Equal Weight rating and $36 price target. The firm views Strip REITs as positioned for relatively defensive and visible growth from a favorable supply outlook, pricing power with tenants with historically strong multi-year leasing pipelines, stable cash flows despite tariff concerns, and accretive capital recycling opportunities. The transaction market is robust with institutional capital under-allocated to the space, and Wells expects REITs to benefit from greater interest and higher pricing.
UBS
Michael Goldsmith
Neutral
initiated
$37
2025-10-17
Reason
UBS
Michael Goldsmith
Price Target
$37
2025-10-17
initiated
Neutral
Reason
UBS analyst Michael Goldsmith initiated coverage of Phillips Edison with a Neutral rating and $37 price target. The company's visibility into "solid" mid-single digit funds from operations growth and the favorable retail real estate leasing backdrop is fairly reflected in its valuation at current share levels, the analyst tells investors in a research note. UBS says Phillips Edison's portfolio of smaller, single-anchor neighborhood centers limits its exposure to tenants at risk of closing stores.
Ladenburg
NULL -> Buy
initiated
$40
2025-09-09
Reason
Ladenburg
Price Target
$40
2025-09-09
initiated
NULL -> Buy
Reason
Ladenburg initiated coverage of Phillips Edison with a Buy rating and $40 price target.
About PECO
Phillips Edison & Company, Inc. is a real estate investment trust (REIT). The Company's business is conducted through Phillips Edison Grocery Center Operating Partnership I, L.P. It invests primarily in omnichannel grocery-anchored neighborhood and community shopping centers that have a mix of creditworthy national, regional, and local retailers that sell necessity-based goods and services in demographic markets throughout the United States. Its portfolio primarily consists of neighborhood centers anchored by the #1 or #2 grocer tenants by sales within their respective formats by trade area. The Company manages approximately 329 shopping centers, including 303 wholly owned shopping centers and 26 shopping centers owned through joint ventures, which comprise approximately 36.8 million square feet in 31 states.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
