Published On: Wed, Oct 19th, 2016

Kimco Realty Corporation (NYSE:KIM) Latest Broker Views


A number of investment brokers have recently updated their price targets on shares of Kimco Realty Corporation (NYSE:KIM).

Most recent broker ratings

10/04/2016 – Kimco Realty Corporation had its “hold” rating reiterated by analysts at Stifel Nicolaus.

08/25/2016 – BTIG Research began new coverage on Kimco Realty Corporation giving the company a “buy” rating. They now have a USD 34 price target on the stock.

08/16/2016 – Kimco Realty Corporation had its “buy” rating reiterated by analysts at Canaccord Genuity. They now have a USD 34 price target on the stock.

08/01/2016 – Kimco Realty Corporation had its “outperform” rating reiterated by analysts at RBC Capital. They now have a USD 34 price target on the stock.

07/07/2016 – Kimco Realty Corporation was downgraded to “neutral” by analysts at Citigroup.

06/28/2016 – Boenning & Scattergood began new coverage on Kimco Realty Corporation giving the company a “neutral” rating.

04/14/2016 – Mizuho began new coverage on Kimco Realty Corporation giving the company a “neutral” rating. They now have a USD 28.5 price target on the stock.

03/07/2016 – Kimco Realty Corporation was downgraded to “hold” by analysts at Argus.

02/19/2016 – Kimco Realty Corporation had its “overweight” rating reiterated by analysts at Barclays. They now have a USD 30 price target on the stock.

12/15/2015 – Kimco Realty Corporation had its “hold” rating reiterated by analysts at Deutsche Bank.

10/07/2015 – Kimco Realty Corporation had its “outperform” rating reiterated by analysts at Cowen. They now have a USD 28 price target on the stock.

09/28/2015 – Kimco Realty Corporation had its “hold” rating reiterated by analysts at Evercore ISI. They now have a USD 26 price target on the stock.

03/24/2015 – Kimco Realty Corporation had its “neutral” rating reiterated by analysts at Robert W. Baird. They now have a USD 27 price target on the stock.

03/11/2015 – Kimco Realty Corporation had its “neutral” rating reiterated by analysts at Zacks. They now have a USD 27 price target on the stock.

02/09/2015 – Kimco Realty Corporation had its “hold” rating reiterated by analysts at MLV & Co. They now have a USD 26 price target on the stock.

The share price of Kimco Realty Corporation (NYSE:KIM) was up +0.25% during the last day of trading, with a day high of 28.22. 1554446 shares were traded during the last session.

The stock’s 50 day moving average is 29.05 and its 200 day moving average is 29.50. The stock’s market capitalization is 11.76B. Kimco Realty Corporation has a 52-week low of 24.75 and a 52-week high of 32.24.

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 December 31, 2016, the Company had interests in 525 shopping center properties, aggregating 85.4 million square feet of gross leasable area (GLA), located in 34 states, Puerto Rico and Canada. As of December 31, 2016, the Company had 384 other property interests, primarily through the Company’s preferred equity investments and other real estate investments, totaling 6.3 million square feet of GLA. The Company’s open-air shopping center properties had an average size of 162,618 square feet as of December 31, 2016. The Company’s open-air shopping center properties had various national and regional companies as competitors, such as TJX Companies, The Home Depot, Ahold Delhaize, Albertsons and Ross Stores.