SPG Stock – BMO Capital Stick to Their Hold Rating for Simon Property By Fintech Zoom
BMO Capital analyst Juan C. Sanabria maintained a Hold rating on Simon Property on Thursday, setting a price target of $125, which is approximately 9.88% above the present share price of $113.76.
C. Sanabria expects Simon Property to post earnings per share (EPS) of $0.00 for the second quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in Simon Property, with an average price target of $114.
The analysts price targets range from a high of $137 to a low of $85.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $1.13 billion and a net profit of $462.05 million. The company’s market cap is $37.33 billion.
According to TipRanks.com, BMO Capital analyst Juan C. Sanabria is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 2.0% and a 58.82% success rate.
Simon Property Group (NYSE:), Inc. is a real estate investment trust, which is engaged in owning, acquiring and leasing of dining, shopping, entertainment and mixed-use destinations. Its real estate portfolio consists of Premium Outlets, shopping malls and The Mills and International Properties across North America, Europe and Asia.
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