Kimco Realty Corporation (HC) with ticker code (KIM) have now 19 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 26 and 20 with the average target price sitting at 23.91. With the stocks previous close at 21.94 this would imply there is a potential upside of 9.0%. The 50 day moving average now sits at 21.72 and the 200 day moving average is 21.61. The company has a market capitalisation of $13,662m. Company Website: https://www.kimcorealty.com
The potential market cap would be $14,889m 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.
