CubeSmart (CUBE) has received mixed analyst ratings recently. KeyBanc upgraded the stock to Overweight with a $47 price target, while Scotiabank downgraded it to Hold. RBC Capital maintains a Buy rating, indicating positive sentiment from some analysts despite the downgrade.
The stock is currently trading at $43.43 in pre-market, with a relative strength index (RSI) of 61.87, indicating a neutral position. The MACD is slightly positive, suggesting mild upward momentum. Fibonacci levels show resistance at $43.31 and $44.00, with a pivot point at $42.19.
Given the mixed analyst sentiment and technical indicators, the stock is expected to trade within a narrow range. The next trading week could see resistance at $44.00, with potential support at $42.19. The price is likely to stabilize around $43.50.
Hold. The mixed signals from analysts and neutral technical indicators suggest a cautious approach.
The price of CUBE is predicted to go up -18.59%, based on the high correlation periods with SGMO. The similarity of these two price pattern on the periods is 90.87%.
CUBE
SGMO
Barclays
2025-03-12
Price Target
$50 → $49
Upside
+17.85%
Keybanc
2025-03-06
Price Target
$47
Upside
+11.22%
Scotiabank
2025-03-05
Price Target
$52 → $46
Upside
+8.34%