BMO Capital analyst John Kim maintained a Sell rating on Cubesmart (NYSE:CUBE) on Tuesday, setting a price target of $30, which is approximately 7.78% below the present share price of $32.53.
Kim expects Cubesmart to post earnings per share (EPS) of $0.24 for the fourth quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Cubesmart, with an average price target of $36.25.
The analysts price targets range from a high of $42 to a low of $30.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $172.51 million and a net profit of $67.13 million. The company's market cap is $6.38 billion.
According to TipRanks.com, BMO Capital analyst John Kim is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 1.5% and a 51.26% 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.