Simon Property Group (SPG) Scheduled to Post Quarterly Earnings on Friday
Simon Property Group (NYSE:SPG) will issue its quarterly earnings data on Friday, January 31st. Individual interested in registering for the company’s earnings conference call can do so using this link.
Simon Property Group (NYSE:SPG) opened at 150.62 on Thursday. Simon Property Group has a 52-week low of $142.47 and a 52-week high of $182.45. The stock has a 50-day moving average of $154.1 and a 200-day moving average of $153.. The company has a market cap of $46.742 billion and a P/E ratio of 37.78.
SPG has been the subject of a number of recent research reports. Analysts at Barclays cut their price target on shares of Simon Property Group from $186.00 to $178.00 in a research note to investors on Tuesday. They now have an “overweight” rating on the stock. On a related note, analysts at Deutsche Bank reiterated a “buy” rating on shares of Simon Property Group in a research note to investors on Wednesday, January 15th. They now have a $187.00 price target on the stock, down previously from $195.00. Finally, analysts at Morgan Stanley reiterated an “overweight” rating on shares of Simon Property Group in a research note to investors on Monday, December 16th. They now have a $186.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $180.42.
Simon Property Group, Inc(NYSE:SPG), is a self-administered and self-managed real estate investment trust (REIT).
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