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Simon Property Group Inc has a consensus price target of $146.9 based on the ratings of 20 analysts. The high is $180 issued by Argus Research on November 26, 2021. The low is $100 issued by Jefferies on June 30, 2022. The 3 most-recent analyst ratings were released by Evercore ISI Group, Stifel, and Piper Sandler on September 16, 2024, September 12, 2024, and September 3, 2024, respectively. With an average price target of $168.67 between Evercore ISI Group, Stifel, and Piper Sandler, there's an implied -5.36% downside for Simon Property Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Simon Property Group (NYSE:SPG) was reported by Evercore ISI Group on September 16, 2024. The analyst firm set a price target for $172.00 expecting SPG to fall to within 12 months (a possible -3.49% downside). 20 analyst firms have reported ratings in the last year.
The latest analyst rating for Simon Property Group (NYSE:SPG) was provided by Evercore ISI Group, and Simon Property Group upgraded their outperform rating.
The last upgrade for Simon Property Group Inc happened on September 16, 2024 when Evercore ISI Group raised their price target to $172. Evercore ISI Group previously had an in-line for Simon Property Group Inc.
The last downgrade for Simon Property Group Inc happened on September 12, 2024 when Stifel changed their price target from $157.5 to $159 for Simon Property Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Simon Property Group, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Simon Property Group was filed on September 16, 2024 so you should expect the next rating to be made available sometime around September 16, 2025.
While ratings are subjective and will change, the latest Simon Property Group (SPG) rating was a upgraded with a price target of $160.00 to $172.00. The current price Simon Property Group (SPG) is trading at is $178.22, which is out of the analyst’s predicted range.
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