Kimco Realty Corporation (NYSE:KIM) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2 by 14 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 7 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Mizuho Securities initiates coverage on Kimco Realty Corporation (NYSE:KIM) In a research note issued to the investors, the brokerage major announces price-target of $28.5 per share.The shares have been rated Neutral. The rating by the firm was issued on April 13, 2016.
Kimco Realty Corporation (NYSE:KIM): The mean estimate for the short term price target for Kimco Realty Corporation (NYSE:KIM) stands at $30.35 according to 10 Analysts. The higher price target estimate for the stock has been calculated at $33 while the lower price target estimate is at $27.
Kimco Realty Corporation (NYSE:KIM) rose 0.64% or 0.19 points on Tuesday and made its way into the gainers of the day. After trading began at $29.45 the stock was seen hitting $29.77 as a peak level and $29.375 as the lowest level. The stock ended up at $29.66. The daily volume was measured at 1,839,019 shares. The 52-week high of the share price is $29.97 and the 52-week low is $22.07. The company has a market cap of $12,447 million.
Shares of Kimco Realty Corporation rose by 1.78% in the last five trading days and 8.6% for the last 4 weeks. Kimco Realty Corporation is up 6.88% in the last 3-month period. Year-to-Date the stock performance stands at 13.1%.
Kimco Realty Corporation (Kimco) is a self-administered real estate investment trust (REIT), which owns and operates neighborhood and community shopping centers. The Company had interests in approximately 754 shopping center properties, aggregating 109.5 million square feet of gross leasable area (GLA), and 533 other property interests, primarily through the Companys preferred equity investments and other real estate investments, totaling approximately 11.7 million square feet of GLA, for a total of 1,287 properties aggregating 121.2 million square feet of GLA, located in 41 states in the United States and also in Puerto Rico, Canada, Mexico and Chile. The Companys investment strategy is to be the owner and operator of neighborhood and community shopping centers through investments primarily in the United States. The Companys tenants include TJX Companies, The Home Depot, Wal-Mart, Kohls and Bed Bath.