Compass Point Forecasts Strong Price Appreciation for Curbline Properties (NYSE:CURB) Stock

Curbline Properties (NYSE:CURB) had its target price lifted by Compass Point from $24.00 to $26.00 in a research report released on Wednesday morning,Benzinga reports. They currently have a neutral rating on the stock.

A number of other equities analysts also recently commented on the company. Morgan Stanley started coverage on Curbline Properties in a report on Wednesday, January 29th. They set an “equal weight” rating and a $27.00 target price for the company. Piper Sandler started coverage on Curbline Properties in a report on Thursday, October 17th. They set an “overweight” rating and a $28.00 target price for the company. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $25.82.

Curbline Properties Stock Down 1.5 %

Shares of CURB stock opened at $24.66 on Wednesday. Curbline Properties has a fifty-two week low of $18.80 and a fifty-two week high of $25.69. The company has a 50 day moving average of $23.76.

Curbline Properties (NYSE:CURB) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.01. On average, equities analysts predict that Curbline Properties will post 0.59 EPS for the current year.

Curbline Properties Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, January 16th. Investors of record on Tuesday, December 31st were paid a $0.25 dividend. The ex-dividend date was Tuesday, December 31st.

Institutional Investors Weigh In On Curbline Properties

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC purchased a new stake in Curbline Properties in the fourth quarter worth $29,000. Smartleaf Asset Management LLC purchased a new stake in shares of Curbline Properties in the fourth quarter worth $31,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Curbline Properties in the fourth quarter worth $62,000. Vestcor Inc purchased a new stake in shares of Curbline Properties in the fourth quarter worth $73,000. Finally, KBC Group NV purchased a new stake in shares of Curbline Properties in the fourth quarter worth $89,000.

About Curbline Properties

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.