In a report released yesterday, Ki Bin Kim from SunTrust Robinson reiterated a Hold rating on Cubesmart (NYSE: CUBE), with a price target of $32. The company’s shares closed yesterday at $30.65.
According to TipRanks.com, Kim is a 3-star analyst with an average return of 6.9% and a 68.4% success rate. Kim covers the Financial sector, focusing on stocks such as Pennsylvania Real Estate Investment, National Storage Affiliates Trust, and General Growth Properties Inc.
Cubesmart has an analyst consensus of Hold, with a price target consensus of $32.20.
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Cubesmart’s market cap is currently $5.7B and has a P/E ratio of 36.93. The company has a Price to Book ratio of 3.38.
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CubeSmart operates as a self-managed and self-administered real estate investment trust with its operations conducted solely through CubeSmart LP and its subsidiaries. It owns, operates, develops, manages, and acquires self-storage properties. The company was founded in July 2004 and is headquartered in Malvern, PA.
