Goldman Sachs Keeps Their Buy Rating on Simon Property (SPG)

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Goldman Sachs analyst Caitlin Burrows maintained a Buy rating on Simon Property (SPGResearch Report) today. The company’s shares closed yesterday at $144.44.

According to TipRanks, Burrows is an analyst with an average return of -1.7% and a 43.64% success rate. Burrows covers the Real Estate sector, focusing on stocks such as Phillips Edison & Company, Simon Property, and First Industrial Realty.

Currently, the analyst consensus on Simon Property is a Moderate Buy with an average price target of $155.00.

The company has a one-year high of $157.82 and a one-year low of $94.29. Currently, Simon Property has an average volume of 1.43M.

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Simon Property (SPG) Company Description:

Simon Property Group, 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.