Simon Property Group found using ticker (SPG) now have 17 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 200 and 150 calculating the average target price we see 171.12. With the stocks previous close at 131.65 this would indicate that there is a potential upside of 30.0%. There is a 50 day moving average of 143.21 while the 200 day moving average is 141.23. The company has a market capitalisation of $49,483m. Company Website: https://www.simon.com
The potential market cap would be $64,318m 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.
