CubeSmart (NYSE:CUBE) has been assigned a consensus rating of “Hold” from the fourteen research firms that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $27.67.

CUBE has been the subject of a number of recent research reports. Jefferies Group LLC set a $30.00 target price on CubeSmart and gave the company a “buy” rating in a research note on Friday, August 18th. Robert W. Baird restated a “buy” rating and set a $27.00 target price on shares of CubeSmart in a report on Tuesday, October 17th. BidaskClub upgraded CubeSmart from a “hold” rating to a “buy” rating in a report on Monday, October 23rd. Cantor Fitzgerald reiterated a “buy” rating and issued a $28.00 price target on shares of CubeSmart in a report on Thursday, October 26th. Finally, FBR & Co reiterated a “buy” rating and issued a $32.00 price target on shares of CubeSmart in a report on Friday, October 27th.

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CubeSmart (CUBE) traded up $0.80 during trading on Wednesday, reaching $28.16. 1,710,177 shares of the company’s stock were exchanged, compared to its average volume of 1,455,333. The stock has a market cap of $5.07 billion, a price-to-earnings ratio of 18.10, a P/E/G ratio of 3.62 and a beta of 0.20. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.07 and a quick ratio of 0.10.

Several institutional investors have recently bought and sold shares of CUBE. Westwood Holdings Group Inc. grew its position in CubeSmart by 0.9% during the 2nd quarter. Westwood Holdings Group Inc. now owns 16,790 shares of the real estate investment trust’s stock worth $404,000 after acquiring an additional 155 shares during the last quarter. D.A. Davidson & CO. grew its position in CubeSmart by 1.6% during the 2nd quarter. D.A. Davidson & CO. now owns 10,401 shares of the real estate investment trust’s stock worth $250,000 after acquiring an additional 164 shares during the last quarter. Commonwealth Bank of Australia grew its position in CubeSmart by 3.9% during the 2nd quarter. Commonwealth Bank of Australia now owns 7,568 shares of the real estate investment trust’s stock worth $181,000 after acquiring an additional 283 shares during the last quarter. GAM Holding AG grew its position in CubeSmart by 2.5% during the 2nd quarter. GAM Holding AG now owns 15,359 shares of the real estate investment trust’s stock worth $369,000 after acquiring an additional 369 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in CubeSmart by 7.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 5,341 shares of the real estate investment trust’s stock worth $128,000 after acquiring an additional 370 shares during the last quarter.

About CubeSmart

CubeSmart operates as a self-managed and self-administered real estate company. The Company focuses on the ownership, operation, management, acquisition and development of self-storage properties in the United States. Its self-storage properties are designed to offer storage space for its residential and commercial customers.

Analyst Recommendations for CubeSmart (NYSE:CUBE)

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