Kimco Realty Corporation (HC) found using ticker (KIM) now have 18 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 26 and 21 with a mean TP of 23.79. With the stocks previous close at 19.48 this now indicates there is a potential upside of 22.1%. The 50 day MA is 21.36 and the 200 day MA is 21.14. The company has a market capitalisation of $12,372m. Company Website: https://www.kimcorealty.com
The potential market cap would be $15,110m 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.
