Kimco Realty Corporation with ticker code (KIM) have now 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 32 and 23 calculating the average target price we see 27.65. With the stocks previous close at 22.73 this would imply there is a potential upside of 21.6%. The 50 day MA is 24.43 while the 200 day moving average is 23.31. The market capitalisation for the company is $13,714m. Company Website: https://www.kimcorealty.com
The potential market cap would be $16,682m 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.
