The Analyst Verdict: Kimco Realty In The Eyes Of 6 Experts
Portfolio Pulse from Benzinga Insights
Kimco Realty (NYSE:KIM) has been evaluated by 6 analysts over the last three months, showing a mix of bullish to bearish sentiments. The average 12-month price target is now $21.0, down 7.37% from the previous $22.67. Analysts from firms including Baird, Citigroup, Evercore ISI Group, Jefferies, and Mizuho have adjusted their ratings and price targets, mostly lowering them due to various factors. Kimco Realty, a major real estate investment trust, shows a strong market capitalization but lags in revenue growth, net margin, ROE, and ROA compared to industry averages.
April 04, 2024 | 2:00 pm
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Kimco Realty's stock has seen a mix of analyst ratings, with a downward trend in the average 12-month price target to $21.0. This reflects a cautious or bearish outlook from analysts, despite the company's strong market presence.
The downward adjustment in price targets and the mix of analyst ratings indicate a cautious or bearish sentiment towards Kimco Realty in the short term. This could lead to negative pressure on the stock price as investors adjust their expectations based on these analyst insights.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100