Kimco Realty Corporation found using ticker (KIM) now have 20 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 30 and 22 and has a mean target at 26.7. With the stocks previous close at 23.49 this now indicates there is a potential upside of 13.7%. There is a 50 day moving average of 24.15 and the 200 moving average now moves to 22.54. The company has a market capitalisation of $14,758m. Visit the company website at: https://www.kimcorealty.com
The potential market cap would be $16,775m 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.
