Kimco Realty Corporation – Consensus Indicates Potential 15.7% Upside

Broker Ratings
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Kimco Realty Corporation with ticker code (KIM) have now 19 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 27 and 22 calculating the mean target price we have 24.62. With the stocks previous close at 21.28 this is indicating there is a potential upside of 15.7%. The 50 day MA is 21.54 and the 200 moving average now moves to 23. The company has a market cap of $12,877m. You can visit the company’s website by visiting: https://www.kimcorealty.com

The potential market cap would be $14,898m 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.

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