BMO Capital analyst Juan C. Sanabria maintained a Buy rating on Cubesmart (NYSE:CUBE) on Monday, setting a price target of $63, which is approximately 14.67% above the present share price of $54.94.
C. Sanabria expects Cubesmart to post earnings per share (EPS) of $0.43 for the fourth quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Cubesmart, with an average price target of $60.
The analysts price targets range from a high of $66 to a low of $57.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $212.56 million and a net profit of $80.53 million. The company's market cap is $12.02 billion.
According to TipRanks.com, BMO Capital analyst Juan C. Sanabria is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 7.3% and a 60.78% success rate.
CubeSmart is 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.