Simon Property Group with ticker code (SPG) have now 17 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 200 and 140 with the average target price sitting at 168.41. Given that the stocks previous close was at 125.51 this is indicating there is a potential upside of 34.2%. The 50 day MA is 136.42 and the 200 day moving average is 141.17. The market cap for the company is $47,880m. Visit the company website at: https://www.simon.com
The potential market cap would be $64,246m 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.