In a report released today, Simon Yarmak from Stifel Nicolaus maintained a Buy rating on Kimco Realty (KIM – Research Report), with a price target of $23.00. The company’s shares opened today at $21.05.
Yarmak covers the Real Estate sector, focusing on stocks such as Kimco Realty, Equity Residential, and Realty Income. According to TipRanks, Yarmak has an average return of 9.7% and a 58.44% success rate on recommended stocks.
In addition to Stifel Nicolaus, Kimco Realty also received a Buy from Jefferies’s Linda Tsai in a report issued on January 1. However, on the same day, BTIG maintained a Hold rating on Kimco Realty (NYSE: KIM).
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KIM market cap is currently $13.19B and has a P/E ratio of 30.19.
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Kimco Realty (KIM) Company Description:
Kimco Realty Corp. is a real estate investment trust company, which engages in the ownership and operation of open-air shopping centers. It also specializes in shopping center acquisitions, development and management. The company was founded by Milton Cooper and Martin S. Kimmel in 1973 and is headquartered in New Hyde Park, NY.
Read More on KIM:
- Kimco Realty price target raised to $24 from $21 at Jefferies
- Rush Enterprises to replace RPT Realty in S&P 600 at open on 1/2/2024
- Kimco Realty price target raised to $26 from $24 at Piper Sandler
- Kimco Realty price target raised by $3 at Compass Point, here’s why
- Kimco Realty management to meet with Mizuho
