Kimco Realty Corporation found using ticker (KIM) now have 20 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 32 and 24 calculating the mean target price we have 27.48. Now with the previous closing price of 19.2 this would indicate that there is a potential upside of 43.1%. There is a 50 day moving average of 23.58 and the 200 moving average now moves to 23.41. The market capitalisation for the company is $11,934m. You can visit the company’s website by visiting: https://www.kimcorealty.com
The potential market cap would be $17,080m 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.
