Kimco Realty Corporation found using ticker (KIM) have now 18 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 32 and 22 calculating the average target price we see 26.65. Given that the stocks previous close was at 20.37 this indicates there is a potential upside of 30.8%. There is a 50 day moving average of 22.69 and the 200 moving average now moves to 23.31. The market cap for the company is $12,471m. Visit the company website at: https://www.kimcorealty.com
The potential market cap would be $16,316m 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.
