Simon Property Group, Inc. with ticker code (SPG) now have 14 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 160 and 110 with the average target price sitting at $131.07. Given that the stocks previous close was at $111.42 this indicates there is a potential upside of 17.6%. The day 50 moving average is $122.76 and the 200 day MA is $110.20. The market cap for the company is $41,990m. Company Website: https://www.simon.com
The potential market cap would be $49,395m 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 6.14% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 18.13, revenue per share of 16.14 and a 4.84% return on assets.
