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Kimco Realty Corp (NYSE:KIM) has been upgraded to Neutral in a report by Goldman Sachs Group, Inc. (The) earlier today.

Goldman Sachs Group, Inc. (The) has upgraded Kimco Realty Corp (NYSE:KIM) to Neutral in a statement released on 6/20/2017.

Having a price of $17.87, Kimco Realty Corp (NYSE:KIM) traded -2.53% lower on the day. With the last close down -0.04% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. KIM has recorded a 50-day average of $19.98 and a two hundred day average of $20.04. Trade Volume was down over the average, with 3,392,570 shares of KIM changing hands under the typical 4,784,760

Recent Performance Chart

Kimco Realty Corp (NYSE:KIM)

Kimco Realty Corp has 52 week low of $17.02 and a 52 week high of $30.24 with a PE ratio of 40.79 and has a market capitalization of $0.

In addition to Goldman Sachs Group, Inc. (The) reporting its stock price target, a total of 18 brokerages have issued a ratings update on the company. The average stock price target is $30.14 with 4 brokerages rating the stock a strong buy, 4 brokerages rating the stock a buy, 13 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On 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.

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