Breaking Finance News

A statement released earlier today by Goldman Sachs Group Inc about Kimco Realty Corp (NYSE:KIM) bumps the target price to $18.70

Boasting a price of $17.60, Kimco Realty Corp (NYSE:KIM) traded 0.24% higher on the day. With the last stock price close down 2.14% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Kimco Realty Corp has recorded a 50-day average of $19.99 and a two hundred day average of $20.12. Volume of trade was up over the average, with 6,458,425 shares of KIM changing hands over the typical 4,989,710

Goldman Sachs Group Inc bumped up the target of Kimco Realty Corp (NYSE:KIM) to $18.70 stating a potential upside of 0.06%.

Performance Chart

Kimco Realty Corp (NYSE:KIM)

With a total market value of $0, Kimco Realty Corp has price-earnings ratio of 41.85 with a one year low of $17.02 and a one year high of $30.24 .

A total of 18 equity analysts have released a research note on KIM. Four equity analysts rating the company a strong buy, four equity analysts rating the company a buy, thirteen equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $30.14.

More About Kimco Realty Corp (NYSE:KIM)

Kimco Realty Corporation is a self-administered real estate investment trust. The Company is engaged in the ownership, management, development and operation of open-air shopping centers, which are anchored generally by discount department stores, grocery stores or drugstores. As of June 30, 2017, the Company had interests in 510 shopping center properties, including 84 million square feet of gross leasable area (GLA), located in 32 states, Puerto Rico and Canada. As of March 31, 2017, the Company had 380 other property interests, primarily through the Company's preferred equity investments and other real estate investments, totaling 5.8 million square feet of GLA.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.