Kimco Realty Corporation with ticker code (KIM) have now 20 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 32 and 24 calculating the average target price we see 27.48. Now with the previous closing price of 22.83 this indicates there is a potential upside of 20.4%. The 50 day MA is 24.07 and the 200 day moving average is 23.45. The company has a market capitalisation of $13,720m. Visit the company website at: https://www.kimcorealty.com
The potential market cap would be $16,514m 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.
