poisar

Stocks · News reference

Barclays Maintains Equal-Weight on Simon Property Group, Raises Price Target to $215

BenzingaBenzinga Newsdesk

Barclays analyst Richard Hightower maintains Simon Property Group (NYSE:SPG) with a Equal-Weight and raises the price target from $213 to $215.

Reference Details

Connected Markets

Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.

Source
benzinga
Observed
Checked
Cadence
Captured once, then retained as an archive reference
Status
fresh

Keep reading

  1. The Motley FoolJake Lerch

    Insider Sells 1,434 Shares of Legendary REIT

    Kevin M. Kelly, Assistant General Counsel of Simon Property Group (SPG), sold 1,434 shares worth approximately $307,679 on August 31, 2026, to cover tax withholding obligations from vesting restricted stock. Kelly retains 21,402 shares valued at $4.54 million. While SPG has outperformed the S&P 500 since 2021 with strong revenue and net income growth, the stock's P/E ratio of 39x is elevated compared to its five-year average of 23x, and operating margins have declined from 52% to 47%.

  2. Zacks Investment ResearchZacks.Com

    Simon Property (SPG) Down 3.5% Since Last Earnings Report: Can It Rebound?

    Simon Property Group reported strong Q2 2026 earnings with FFO of $3.29 per share beating estimates by 3.46% and raising full-year guidance. Despite solid operational metrics including 96% occupancy and 13.9% growth in retailer sales per square foot, the stock has declined 3.5% since the earnings report and underperformed the S&P 500. The company maintains a Zacks Rank #3 (Hold) rating with poor growth and momentum scores.