Kimco Realty Corporation with ticker code (KIM) now have 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 27 and 22 and has a mean target at 24.62. Given that the stocks previous close was at 21.29 this would imply there is a potential upside of 15.6%. There is a 50 day moving average of 21.38 and the 200 moving average now moves to 23.06. The company has a market capitalisation of $13,452m. Find out more information at: https://www.kimcorealty.com
The potential market cap would be $15,556m 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.
