Curbline Properties (NYSE:CURB) Coverage Initiated at Morgan Stanley

Investment analysts at Morgan Stanley started coverage on shares of Curbline Properties (NYSE:CURB) in a research note issued to investors on Wednesday, Marketbeat Ratings reports. The firm set an “equal weight” rating and a $27.00 price target on the stock. Morgan Stanley’s target price points to a potential upside of 9.22% from the stock’s previous close.

Several other research analysts also recently weighed in on the stock. Citigroup began coverage on shares of Curbline Properties in a research report on Tuesday, October 8th. They set a “neutral” rating and a $25.00 price target for the company. JPMorgan Chase & Co. began coverage on Curbline Properties in a research note on Friday, October 4th. They issued an “overweight” rating and a $25.00 price target on the stock. KeyCorp started coverage on Curbline Properties in a research note on Monday, October 7th. They issued a “sector weight” rating for the company. Piper Sandler began coverage on shares of Curbline Properties in a report on Thursday, October 17th. They set an “overweight” rating and a $28.00 target price for the company. Finally, Truist Financial began coverage on shares of Curbline Properties in a research report on Tuesday, October 8th. They issued a “hold” rating and a $22.00 target price for the company. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $25.11.

Curbline Properties Stock Performance

CURB stock opened at $24.72 on Wednesday. Curbline Properties has a 52-week low of $18.80 and a 52-week high of $25.67. The stock’s 50-day moving average price is $23.67.

Hedge Funds Weigh In On Curbline Properties

A number of institutional investors have recently bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of Curbline Properties during the 4th quarter worth about $18,320,000. abrdn plc purchased a new position in Curbline Properties during the fourth quarter worth about $16,081,000. Rhumbline Advisers acquired a new stake in shares of Curbline Properties during the fourth quarter valued at about $6,986,000. Asset Management One Co. Ltd. purchased a new stake in shares of Curbline Properties in the 4th quarter valued at approximately $3,260,000. Finally, State of Alaska Department of Revenue acquired a new position in shares of Curbline Properties in the 4th quarter worth approximately $2,302,000.

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.