(PECO) Phillips Edison - Ratings and Ratios

Phillips Edison & Company, Inc. (PECO) is a leading retail real estate investment trust (REIT) that specializes in owning and operating high-quality, grocery-anchored neighborhood shopping centers across the United States States. With a history dating back to 1991, PECO has established a strong track record of delivering robust results through its verticallyated operating platform and and expansive national footprint. The companys shopping centers are strategically located in fundamentally strong markets, featuring a diverse mix of national and and regional retailers that provide essential goods and services to local communities.

PECOs grocery-anchored shopping centers are anchored by prominent grocery store chains such as Krogerer, Publix, Alberstons, and Ahold Delhaize, which provides a stable source of foot traffic and revenue. As of September 30, 2024, PECOs portfolio comprised 311 shopping shopping centers, including 290 wholly wholly-owned centers spanning 32.9 million square feet across 31 states. The companys commitment to creating seamless omni-channel shopping experiences is expected to drive long-term growth and profitability.

Analyzing PECOs , we observe that the stock is currently trading at $35.73, with a 20-day simple moving average (SMA) of $35.38 and a 50-day SMA of $35.31, indicating a potential bullish trend. TheAdditionally, the stocks 200-day SMA stands at $36.29, suggesting a longer-term uptrend. The average true range (ATR) is $0.69, or 1.1.93% of the of the current price, indicating indicates moderate volatility. Given the current technical setup and such as a market capitalization of $4.928 billion and a forward P/E ratio of 50.76, our forecast suggests that PECO is poised for steady growth, driven by its stable cash flows, and strong grocery-anchored anchors. We expect PECO to continue to deliver stable returns, with a potential price target of $38.50 in the next 6-12 months, representing a 7.7% upside from current levels.