Phillips Edison & Co Inc (PECO) Stock Price Prediction

Phillips Edison & Co., Inc. is a real estate investment trust, which engages in the ownership and operation of shopping centers. The company is headquartered in Cincinnati, Ohio and currently employs 320 full-time employees. The company went IPO on 2020-07-20. The firm's business is conducted through Phillips Edison Grocery Center Operating Partnership I, L.P. The company invests primarily in omnichannel grocery-anchored neighborhood and community shopping centers that have a mix of creditworthy national, regional, and local retailers that sell necessity-based goods and services in demographic markets throughout the United States. Its portfolio primarily consists of neighborhood centers anchored by the #1 or #2 grocer tenants by sales within their respective formats by trade area. The firm manages approximately 329 shopping centers, including 303 wholly owned shopping centers and 26 shopping centers owned through joint ventures, which comprise approximately 36.8 million square feet in 31 states.