Piper Sandler Raises Curbline Properties (NYSE:CURB) Price Target to $31.00

Curbline Properties (NYSE:CURB) had its price objective raised by Piper Sandler from $28.00 to $31.00 in a research note published on Wednesday,Benzinga reports. Piper Sandler currently has an overweight rating on the stock.

Several other research firms have also issued reports on CURB. Morgan Stanley started coverage on shares of Curbline Properties in a report on Wednesday, January 29th. They set an “equal weight” rating and a $27.00 price target for the company. Compass Point raised their price target on shares of Curbline Properties from $24.00 to $26.00 and gave the stock a “neutral” rating in a report on Wednesday. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, Curbline Properties presently has a consensus rating of “Hold” and a consensus price target of $25.82.

Curbline Properties Price Performance

Shares of NYSE CURB opened at $24.66 on Wednesday. The firm has a 50 day simple moving average of $23.76. Curbline Properties has a 1 year low of $18.80 and a 1 year high of $25.69.

Curbline Properties (NYSE:CURB) last issued its quarterly earnings data 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. Analysts forecast that Curbline Properties will post 0.59 earnings per share for the current fiscal year.

Curbline Properties Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 16th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

Institutional Trading of Curbline Properties

Several large investors have recently modified their holdings of CURB. GAMMA Investing LLC acquired a new stake in shares of Curbline Properties during the 4th quarter worth approximately $29,000. Smartleaf Asset Management LLC acquired a new stake in shares of Curbline Properties during the 4th quarter worth approximately $31,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Curbline Properties during the 4th quarter worth approximately $62,000. Vestcor Inc acquired a new stake in Curbline Properties in the 4th quarter valued at $73,000. Finally, KBC Group NV acquired a new stake in Curbline Properties in the 4th quarter valued at $89,000.

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.