Simon Property Group, Inc. – Consensus ‘Buy’ rating and 20.4% Upside Potential

Broker Ratings
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Simon Property Group, Inc. which can be found using ticker (SPG) now have 15 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 160 and 111 suggesting an average Analsyt target price of $132.40. Now with the previous closing price of $109.95 this would indicate that there is a potential upside of 20.4%. The 50 day moving average now sits at $117.93 and the 200 day MA is $110.39. The company has a market capitalization of $41,060m. Find out more information at: https://www.simon.com

The potential market cap would be $49,443m 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 6.56% with the ex dividend date set at 9-3-2023 (DMY).

Other points of data to note are a P/E ratio of 16.84, revenue per share of 16.14 and a 4.84% return on assets.

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