Curbline Properties (NYSE:CURB) Price Target Raised to $31.00

Curbline Properties (NYSE:CURB) had its target price raised by equities research analysts at Piper Sandler from $28.00 to $31.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Piper Sandler’s target price indicates a potential upside of 23.00% from the stock’s previous close.

A number of other brokerages have also commented on CURB. Morgan Stanley initiated coverage on Curbline Properties in a research note on Wednesday, January 29th. They issued an “equal weight” rating and a $27.00 target price for the company. Compass Point increased their price objective on shares of Curbline Properties from $24.00 to $26.00 and gave the company a “neutral” rating in a research note on Wednesday. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $25.82.

Curbline Properties Trading Up 2.3 %

NYSE CURB opened at $25.20 on Wednesday. The stock has a fifty day moving average of $23.77. Curbline Properties has a 52-week low of $18.80 and a 52-week high of $25.69.

Curbline Properties (NYSE:CURB) last released its earnings results on Tuesday, February 11th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. Research analysts forecast that Curbline Properties will post 0.59 EPS for the current fiscal year.

Institutional Investors Weigh In On Curbline Properties

Several large investors have recently made changes to their positions in the company. GAMMA Investing LLC bought a new position in Curbline Properties during the 4th quarter valued at about $29,000. Quadrant Capital Group LLC acquired a new stake in shares of Curbline Properties during the fourth quarter worth approximately $31,000. Smartleaf Asset Management LLC bought a new position in shares of Curbline Properties in the fourth quarter valued at approximately $31,000. Covestor Ltd boosted its holdings in shares of Curbline Properties by 390.2% in the 4th quarter. Covestor Ltd now owns 1,593 shares of the company’s stock worth $37,000 after acquiring an additional 1,268 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in Curbline Properties during the 4th quarter worth approximately $62,000.

Curbline Properties Company Profile

Curbline Properties Corp. is a real estate investment trust which is an owner and manager of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban. Curbline Properties Corp. is based in NEW YORK.