Kimco Realty Corporation – Consensus ‘buy’ rating and 19.9% Upside Potential

Broker Ratings
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Kimco Realty Corporation with ticker code (KIM) have now 19 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 26 and 18 with the average target price sitting at $22.51. Now with the previous closing price of $18.78 this now indicates there is a potential upside of 19.9%. The 50 day MA is $18.64 and the 200 moving average now moves to $20.52. The company has a market capitalization of 11.42B. The current stock price for Targa Resources Corp. is currently 18.42 USD

The potential market cap would be $13,686,283,745 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 73.68, revenue per share of 2.83 and a 1.98% return on assets.

Kimco Realty Corporation, formerly New KRC Corp., is a real estate investment trust (REIT). The Company is an owner and operator of open-air, grocery-anchored shopping centers, including mixed-use assets. The Company’s portfolio is primarily concentrated in the first-ring suburbs of metropolitan markets, including those in high-barrier-to-entry coastal markets and Sun Belt cities, with a tenant mix focused on essential, necessity-based goods and services that drive multiple shopping trips per week. It specializes in shopping center ownership, management, acquisitions, and redevelopment activities. It owns interests in about 526 United States shopping centers and mixed-use assets comprising 91 million square feet of gross leasable space. The Company’s properties include 2200 Westlake, Camelback Miller Plaza, Grand Parkway Marketplace, Kentlands Market Square, Scottsdale Waterfront, Jericho Commons, Cupertino Village, Centro Arlington, and Westlake Shopping Center, among others.

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