Analyst Revises Kimco Realty Corporation (NYSE:KIM) Stock Target


Kimco Realty Corporation (NYSE:KIM) mean price target has been set at $30.250 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.390 in the near-term quarter and $1.580 for the ongoing fiscal. The market cap of Kimco Realty Corporation Common was recorded at $13.25B after the stock closed at $31.585 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Kimco Realty Corporation (NYSE:KIM) has a P/E ratio of 19.728. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. Kimco Realty Corporation (NYSE:KIM) PEG ratio sits at 3.450. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of Kimco Realty Corporation Common visibly illustrates that the 50-day MA of Kimco Realty Corporation Common is $29.677, and stock is trading 1.908 or +6.430% distant from $29.677. The 200-day MA is $28.065, and this price is $3.520 or +12.543% off from current level. Kimco Realty Corporation (NYSE:KIM) 52-week high is $31.800 and the 52-week low is $22.070. This represents that if the stock moves $-0.215 points up on the chart to make a 52-week high. But, if it declines $+43.113%, then the shares price can hit a new 52-week low.

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