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Equities research analysts at ISI Group assumed coverage on shares of CubeSmart (NASDAQ:CUBE) in a research note issued to investors on Wednesday, Analyst Ratings Net reports. The firm set a “buy” rating on the stock.

A number of other firms have also recently commented on CUBE. Analysts at Raymond James upgraded shares of CubeSmart from a “market perform” rating to an “outperform” rating in a research note on Tuesday. They now have a $20.00 price target on the stock. Separately, analysts at Wells Fargo & Co. downgraded shares of CubeSmart from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 7th. Finally, analysts at SunTrust downgraded shares of CubeSmart from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 3rd. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $19.68.

Shares of CubeSmart (NASDAQ:CUBE) opened at 17.29 on Wednesday. CubeSmart has a 52 week low of $14.14 and a 52 week high of $19.69. The stock’s 50-day moving average is $16.22 and its 200-day moving average is $16.96. The company has a market cap of $2.405 billion and a P/E ratio of 166.31.

CubeSmart is a financials company in the Specialized REITs industry.

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