Kimco Realty Corporation found using ticker (KIM) have now 19 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 26 and 20 calculating the mean target price we have 23.86. Given that the stocks previous close was at 21.1 this would indicate that there is a potential upside of 13.1%. The 50 day MA is 21.3 and the 200 moving average now moves to 21.91. The company has a market capitalisation of $12,923m. You can visit the company’s website by visiting: https://www.kimcorealty.com
The potential market cap would be $14,613m based on the market concensus.
Kimco Realty Corp. (NYSE:KIM) is a real estate investment trust (REIT) headquartered in Jericho, N.Y. that is one of North America’s largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets. As of September 30, 2020, the company owned interests in 400 U.S. shopping centers and mixed-use assets comprising 70 million square feet of gross leasable space primarily concentrated in the top major metropolitan markets. Publicly traded on the NYSE since 1991, and included in the S&P 500 Index, the company has specialized in shopping center acquisitions, development and management for more than 60 years.
