Compass Point Initiates Coverage on Curbline Properties (NYSE:CURB)

Analysts at Compass Point initiated coverage on shares of Curbline Properties (NYSE:CURB) in a note issued to investors on Wednesday,Benzinga reports. The brokerage set a “neutral” rating and a $24.00 price target on the stock. Compass Point’s target price would suggest a potential upside of 2.43% from the company’s previous close.

Other equities analysts have also issued reports about the company. Citigroup assumed coverage on Curbline Properties in a research report on Tuesday, October 8th. They set a “neutral” rating and a $25.00 price objective on the stock. Stifel Nicolaus assumed coverage on Curbline Properties in a research report on Wednesday, October 2nd. They set a “buy” rating and a $24.75 price objective on the stock. Piper Sandler assumed coverage on Curbline Properties in a research report on Thursday, October 17th. They set an “overweight” rating and a $28.00 price objective on the stock. KeyCorp assumed coverage on Curbline Properties in a research report on Monday, October 7th. They set a “sector weight” rating on the stock. Finally, JPMorgan Chase & Co. started coverage on Curbline Properties in a research report on Friday, October 4th. They set an “overweight” rating and a $25.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Curbline Properties has a consensus rating of “Hold” and an average target price of $24.79.

Curbline Properties Stock Performance

Shares of Curbline Properties stock opened at $23.43 on Wednesday. The firm’s 50-day moving average price is $23.68. Curbline Properties has a 12 month low of $18.80 and a 12 month high of $25.35.

Institutional Investors Weigh In On Curbline Properties

Institutional investors and hedge funds have recently bought and sold shares of the business. Waterfront Capital Partners LLC purchased a new position in shares of Curbline Properties in the 3rd quarter valued at approximately $1,460,000. GAMMA Investing LLC purchased a new position in shares of Curbline Properties in the 4th quarter valued at approximately $29,000. Finally, Pensionfund Sabic purchased a new position in shares of Curbline Properties in the 4th quarter valued at approximately $232,000.

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.