Simon Property Group – Consensus Indicates Potential 20.2% Upside

Broker Ratings
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Simon Property Group found using ticker (SPG) have now 18 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 200 and 152 and has a mean target at 177.17. Given that the stocks previous close was at 147.43 this would imply there is a potential upside of 20.2%. The 50 day moving average now sits at 158 and the 200 moving average now moves to 137.8. The company has a market cap of $48,294m. Visit the company website at: https://www.simon.com

The potential market cap would be $58,036m based on the market concensus.

Simon is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.

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