Simon Property Group with ticker code (SPG) have now 15 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 179 and 100 with a mean TP of 142.8. Now with the previous closing price of 97.88 this would imply there is a potential upside of 45.9%. The day 50 moving average is 108.08 and the 200 day moving average is 135.63. The market capitalisation for the company is $36,723m. Visit the company website at: https://www.simon.com
The potential market cap would be $53,577m 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.