Simon Property Group with ticker code (SPG) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 179 and 100 and has a mean target at 129.47. Given that the stocks previous close was at 107.46 this indicates there is a potential upside of 20.5%. The 50 day moving average now sits at 102.66 while the 200 day moving average is 133.25. The company has a market capitalisation of $40,840m. Visit the company website at: https://www.simon.com
The potential market cap would be $49,205m 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.
