The leading market experts have placed a mean price target of $236.47 on Simon Property Group, Inc. (NYSE:SPG) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $2.92 a share for the upcoming quarter and $10.87 for the current fiscal.
The technical analysis of Simon Property Group, Inc. Comm plainly substantiates that the 50-day moving average of Simon Property Group, Inc. Comm is $219.67, and stock is trading $-5.91 points away or -2.69% from its 50-day moving average of $219.67. Further it is trading $7.48 or +3.63% away its 200-day moving average of $206.28. Simon Property Group, Inc. (NYSE:SPG) 52-week high is $229.10 and the 52-week low is $173.09.
This explains if the stock moves $-15.34, it will post a 52-week high. In event of +23.50% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Simon Property Group, Inc. Comm, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Simon Property Group, Inc. (NYSE:SPG) ratio came in at 37.97.
The stock last ended the trading session at $213.76 and registered a market cap of $67.17B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Simon Property Group, Inc. (NYSE:SPG) PEG ratio is at 2.59.
1 Chart Pattern Every Investor Should Know
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