Simon Property Group, Inc. – Consensus ‘Buy’ rating and 19.6% Upside Potential

Broker Ratings
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Simon Property Group, Inc. which can be found using ticker (SPG) now have 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 160 and 111 and has a mean target at $132.47. Now with the previous closing price of $110.77 and the analysts are correct then there would likely be a percentage uptick in value of 19.6%. There is a 50 day moving average of $114.39 and the 200 day MA is $111.04. The total market capitalization for the company now stands at $41,392m. Find out more information at: https://www.simon.com

The potential market cap would be $49,501m based on the market consensus.

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.

The company has a dividend yield of 6.51% with the ex dividend date set at 9-3-2023 (DMY).

Other points of data to note are a P/E ratio of 16.97, revenue per share of 16.14 and a 4.84% return on assets.

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