Simon Property Group with ticker code (SPG) now have 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 163 and 58 and has a mean target at 86.5. With the stocks previous close at 61.2 this now indicates there is a potential upside of 41.3%. The 50 day moving average now sits at 64.18 and the 200 moving average now moves to 80.43. The market capitalisation for the company is $19,015m. Company Website: http://www.simon.com
Simon is a global leader 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.