Simon Property Group with ticker code (SPG) now have 17 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 200 and 150 calculating the average target price we see 169.24. Given that the stocks previous close was at 131.56 this would indicate that there is a potential upside of 28.6%. The day 50 moving average is 138.08 while the 200 day moving average is 141.19. The market cap for the company is $49,958m. Visit the company website at: https://www.simon.com
The potential market cap would be $64,266m 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.