Market Overview

UPDATE: MLV & Co Reiterates On Simon Property Group On Adjusted Estimates

Share:
Related SPG
10 Notable Stocks Trading Ex-Dividend Monday, August 15
FFO Is The 'EPS' Of Real Estate Investment Trusts

In a report published Tuesday, MLV & Co analyst Paul Morgan reiterated a Hold rating on Simon Property Group (NYSE: SPG), and raised the price target from $178.00 to $186.00.

In the report, MLV & Co noted, “Following Simon Property's 2Q14 report, we are raising our price target to $186 from $178, based on rolling forward our NOI forecasts by one quarter, and incorporating higher estimates that are reflected in our new 2014 and 2015 FFO per share estimates of $9.23 (up 5c) and $9.64 (up 8c).”

Simon Property Group closed on Monday at $170.47.

Latest Ratings for SPG

DateFirmActionFromTo
Aug 2016BTIG ResearchInitiates Coverage onBuy
Aug 2016Deutsche BankMaintainsBuy
Aug 2016Argus ResearchMaintainsBuy

View More Analyst Ratings for SPG
View the Latest Analyst Ratings

Posted-In: MLV & Co Paul MorganAnalyst Color Price Target Analyst Ratings

 

Related Articles (SPG)

View Comments and Join the Discussion!