The price of PECO is predicted to go up -2.9%, based on the high correlation periods with EBS. The similarity of these two price pattern on the periods is 93.14%.
PECO
EBS
Down: -2.9%Similarity: 93.14%
PECO Revenue Forecast
PECO EPS Forecast
PECO FAQs
What is bull’s view on PECO?
PECO stock closed at $36.33 on January 31, 2025, down 1.04%. Analysts have mixed views: Wells Fargo maintains a "Hold" with a $37 target, while Mizuho is bullish with a $41 target, citing favorable shopping center REIT trends. The stock's upside potential appears limited in the short term, with resistance near $39.
What is bear's view on PECO?
PECO stock is currently trading at $36.33, below its 200-day moving average, signaling bearish momentum. Analysts have a Moderate Buy rating with a price target of $41.00, but recent performance suggests limited upside due to broader market weakness. The stock's inability to sustain gains near its 52-week high of $40.12 further supports a cautious outlook.
What is PECO revenue forecast for next quarter?
The market consensus for PECO's revenue in the upcoming quarter is projected to be approximately $171.566M USD.
Mizuho raised the firm's price target on Phillips Edison to $41 from $39 and keeps an Outperform rating on the shares. The firm remains "constructive" on shopping center real estate investment trusts into 2025 and believes the sector is a "low-risk, fairly-priced alternative" for investors in a broader REIT sector facing higher interest rates, as well as tenant credit, tariffs, labor and over-supply questions. Shopping center REITs benefit from several tailwinds, including favorable supply/demand, low visible tenant and credit risk, a positively inflecting growth profile, and private market support, the analyst tells investors in a research note.