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Excel Trust (NYSE:EXL) was downgraded by analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, TheFlyOnTheWall.com reports. The analysts noted that the move was a valuation call.

Shares of Excel Trust (NYSE:EXL) opened at 11.50 on Monday. Excel Trust has a one year low of $11.23 and a one year high of $15.40. The stock’s 50-day moving average is $11.63 and its 200-day moving average is $12.23. The company has a market cap of $554.0 million and a price-to-earnings ratio of 81.13.

Excel Trust (NYSE:EXL) last released its earnings data on Thursday, November 7th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.03. During the same quarter in the previous year, the company posted $0.21 earnings per share. On average, analysts predict that Excel Trust will post $0.89 earnings per share for the current fiscal year.

A number of other analysts have also recently weighed in on EXL. Analysts at TheStreet downgraded shares of Excel Trust from a “hold” rating to a “sell” rating in a research note to investors on Thursday. Separately, analysts at Raymond James cut their price target on shares of Excel Trust from $16.00 to $14.00 in a research note to investors on Friday, November 8th. They now have an “outperform” rating on the stock. Finally, analysts at Barclays cut their price target on shares of Excel Trust from $14.00 to $13.00 in a research note to investors on Tuesday, October 22nd. They now have an “equal weight” rating on the stock. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $13.33.

Excel Trust, Inc is a vertically integrated, self-administered, self-managed real estate investment trust (NYSE:EXL).

The Fly On The Wall

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