Kimco Realty Corporation with ticker code (KIM) have now 18 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 32 and 22 and has a mean target at 27.15. Now with the previous closing price of 19.02 this is indicating there is a potential upside of 42.7%. The 50 day moving average now sits at 23.27 and the 200 day moving average is 23.36. The market capitalisation for the company is $11,754m. Visit the company website at: https://www.kimcorealty.com
The potential market cap would be $16,779m 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.
