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Shares of CubeSmart (NASDAQ:CUBE) have earned a consensus recommendation of “Hold” from the nine ratings firms that are presently covering the company, AnalystRatings.NET reports. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $19.68.

CubeSmart (NASDAQ:CUBE) traded up 1.15% during mid-day trading on Wednesday, hitting $17.55. 622,867 shares of the company’s stock traded hands. CubeSmart has a one year low of $14.50 and a one year high of $19.69. The stock’s 50-day moving average is $16.40 and its 200-day moving average is $16.97. The company has a market cap of $2.442 billion and a price-to-earnings ratio of 168.45.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 3.00%.

CUBE has been the subject of a number of recent research reports. Analysts at ISI Group initiated coverage on shares of CubeSmart in a research note on Wednesday, February 19th. They set a “buy” rating on the stock. Separately, analysts at Raymond James upgraded shares of CubeSmart from a “market perform” rating to an “outperform” rating in a research note on Tuesday, February 18th. They now have a $20.00 price target on the stock. Finally, 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.

CubeSmart is a financials company in the Specialized REITs industry.

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