Simon Property (SPG – Research Report), the Real Estate sector company, was revisited by a Wall Street analyst today. Analyst Ronald Kamdem from Morgan Stanley maintained a Hold rating on
Simon Property (SPG – Research Report), the Real Estate sector company, was revisited by a Wall Street analyst today. Analyst Ronald Kamdem from Morgan Stanley maintained a Hold rating on
08:11 EST Simon Property files automatic mixed securities shelf Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on
Simon Property Group stock (NYSE:SPG) has unleashed a barrage of dividend increases, reinforcing its bull case. The world’s largest retail REIT continues to post improving financials in the aftermath of
Analysts have been eager to weigh in on the Real Estate sector with new ratings on Keppel DC REIT (KPDCF – Research Report), Annaly Capital (NLY – Research Report) and Simon Property (SPG – Research Report).
Keppel DC REIT (KPDCF)
J.P. Morgan analyst Terence Khi upgraded Keppel DC REIT to Buy on February 7 and set a price target of S$1.85. The company’s shares closed last Tuesday at $1.15, equals to its 52-week low of $1.15.
According to TipRanks.com, Khi is a 1-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Keppel DC REIT with a $1.44 average price target, which is a 25.2% upside from current levels. In a report issued on January 29, UOB Kay Hian also maintained a Buy rating on the stock with a S$2.10 price target.
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Annaly Capital (NLY)
RBC Capital analyst Kenneth Lee maintained a Buy rating on Annaly Capital on February 9 and set a price target of $21.00. The company’s shares closed last Friday at $18.92.
According to TipRanks.com, Lee is a top 100 analyst with an average return of
Annaly Capital has an analyst consensus of Moderate Buy, with a price target consensus of $20.38, representing an 8.1% upside. In a report issued on February 8, JonesTrading also maintained a Buy rating on the stock with a $21.00 price target.
Simon Property (SPG)
J.P. Morgan analyst Michael Mueller maintained a Hold rating on Simon Property on February 9 and set a price target of $152.00. The company’s shares closed last Friday at $146.93, close to its 52-week high of $147.37.
According to TipRanks.com, Mueller is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Simon Property with a $150.00 average price target, implying a 3.3% upside from current levels. In a report issued on January 29, Scotiabank also maintained a Hold rating on the stock with a $142.00 price target.
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Simon Property (SPG) has released an update. Simon Property Group, Inc. has launched a new $2 billion stock buyback initiative, allowing for the repurchase of common stock over the next