Curbline Properties (NYSE:CURB) Given New $31.00 Price Target at Piper Sandler

Curbline Properties (NYSE:CURB) had its price objective boosted by research analysts at Piper Sandler from $28.00 to $31.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Piper Sandler’s price objective suggests a potential upside of 25.18% from the stock’s previous close.

CURB has been the subject of a number of other research reports. Compass Point lifted their target price on Curbline Properties from $24.00 to $26.00 and gave the company a “neutral” rating in a report on Wednesday. Morgan Stanley began coverage on shares of Curbline Properties in a research report on Wednesday, January 29th. They issued an “equal weight” rating and a $27.00 price objective for the company. 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.com, the stock has an average rating of “Hold” and an average target price of $25.82.

Curbline Properties Stock Performance

Shares of NYSE CURB opened at $24.77 on Wednesday. Curbline Properties has a one year low of $18.80 and a one year high of $25.69. The company’s fifty day moving average price is $23.75.

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

Institutional Trading of Curbline Properties

Several institutional investors and hedge funds have recently made changes to their positions in CURB. Vanguard Group Inc. bought a new position in Curbline Properties in the fourth quarter valued at $343,497,000. Daiwa Securities Group Inc. purchased a new position in shares of Curbline Properties in the 4th quarter worth about $47,214,000. Charles Schwab Investment Management Inc. purchased a new position in shares of Curbline Properties in the 4th quarter worth about $39,792,000. JPMorgan Chase & Co. bought a new position in shares of Curbline Properties during the 4th quarter valued at about $28,313,000. Finally, Victory Capital Management Inc. purchased a new position in shares of Curbline Properties during the 4th quarter valued at about $25,977,000.

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.