Kimco Realty Corporation with ticker code (KIM) have now 19 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 27 and 22 calculating the average target price we see 24.62. Given that the stocks previous close was at 18.16 this would indicate that there is a potential upside of 35.6%. There is a 50 day moving average of 21.44 while the 200 day moving average is 22.81. The market cap for the company is $11,529m. Company Website: https://www.kimcorealty.com
The potential market cap would be $15,630m 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.
