Citi analyst Craig Mailman initiates coverage on $Curbline Properties (CURB.US)$ with a hold rating, and sets the target price at $25.
According to TipRanks data, the analyst has a success rate of 56.8% and a total average return of 5.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Curbline Properties (CURB.US)$'s main analysts recently are as follows:
Curbline Properties, having been spun off from SITE Centers, may be considered a new entity, yet its management team and assets are already familiar to public investors. The company boasts a 'clean' financial slate, bolstered by an initial capitalization of $800M in cash along with an untapped $100M term loan, which offers significant potential for accretive acquisitions. This is set against a backdrop of a smaller asset base with robust tenant credit quality and potentially lower long-term capital expenditures compared to industry counterparts. Despite these favorable factors, the company's stock carries a 'premium' relative valuation.
The approach of Curbline Properties in the strip center real estate investment trust sector is considered unique due to its concentration on smaller-format, unanchored, convenience centers. These centers are typically located along the curbline of major streets and intersections, offering easy access. The business model and the future potential for the stock are viewed favorably.
Curbline Properties is considered well positioned to achieve above-average growth in net asset value and funds from operations over time. However, this premium growth compared to peers is believed to be accounted for in the stock's current valuation. A more constructive perspective might be adopted following a market pullback.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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花旗分析师Craig Mailman首予$Curbline Properties (CURB.US)$持有评级，目标价25美元。
根据TipRanks数据显示，该分析师近一年总胜率为56.8%，总平均回报率为5.2%。
此外，综合报道，$Curbline Properties (CURB.US)$近期主要分析师观点如下：
从SITE Centers分拆出来的Curbline Properties可能被视为一个新实体，但其管理团队和资产已经为公众投资者所熟悉。该公司拥有 “干净” 的财务状况，其初始资本为8亿美元的现金，以及尚未开发的1亿美元定期贷款，这为增值收购提供了巨大的潜力。这是在资产基础较小、租户信贷质量强劲、长期资本支出可能较低的背景下发生的。尽管有这些有利因素，但该公司的股票相对估值仍为 “溢价”。
Curbline Properties在拉斯维加斯大道中心房地产投资信托领域的方法被认为是独一无二的，因为它专注于规模较小、没有锚定的便利中心。这些中心通常位于主要街道和十字路口的路边，交通便利。该股的商业模式和未来潜力受到好评。
随着时间的推移，Curbline Properties被认为完全有能力实现净资产价值和运营资金高于平均水平的增长。但是，与同行相比，这种溢价增长被认为是该股当前估值的原因。在市场回调之后，可能会采取更具建设性的观点。
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TipRanks为独立第三方，提供金融分析师的分析数据，并计算分析师推荐的平均回报率和胜率。提供的信息并非投资建议，仅供参考。本文不对评级数据和报告的完整性与准确性做出认可、声明或保证。
TipRanks提供每位分析师的星级，分析师星级代表分析师所有推荐的过往表现，通过分析师的总胜率和平均回报率综合计算得出，星星越多，则该分析师过往表现越优异，最高为5颗星。
分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
总平均回报率为基于分析师的初始评级创建虚拟投资组合，并根据评级变化对组合进行调整，在近一年中该投资组合所获得的回报率。
