Simon Property Group, Inc. with ticker code (SPG) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 160 and 111 calculating the mean target price we have $132.40. Given that the stocks previous close was at $103.30 this now indicates there is a potential upside of 28.2%. There is a 50 day moving average of $119.89 and the 200 day moving average is $109.94. The company has a market cap of $38,957m. Company Website: https://www.simon.com
The potential market cap would be $49,932m 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 6.91% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 15.97, revenue per share of 16.14 and a 4.84% return on assets.
