Wall Street Sees a 25% Upside to Phillips Edison & Company (PECO)

Company Overview - Phillips Edison & Company, Inc. (NASDAQ:PECO) is a leading owner and operator of grocery-anchored neighborhood retail centers in the United States [4] Financial Performance - For Q3 2025, the net income attributable to shareholders was $24.7 million, a significant increase from $11.6 million in the same quarter of the previous year [2] - The company's leased portfolio occupancy rate was 97.6% in the September quarter, with a portfolio retention rate of 93.9% [2] Portfolio and Growth - As of September 30, 2025, PECO owned a portfolio of 303 properties covering approximately 34 million square feet, an increase from 290 properties and 32.9 million square feet a year earlier [3] - The company's total liquidity at the end of September was $977 million [3] Dividend Information - The company declared a monthly per-share dividend of $0.1083 on November 5, which will be paid on December 2 to shareholders on record as of November 17 [3] Market Outlook - The average price target for PECO suggests an upside of nearly 11%, while the highest target indicates a potential upside of 25% [1] - Richard Hightower from Barclays assigned a Hold recommendation on PECO with a price target of $40 [1]