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Simon Property Group, Inc. (SPG) [hlAlert]

Rating:
Buy SPG
up 19.84 %

Simon Property Group, Inc. (SPG) upgraded to Buy with price target $170 by Stifel Nicolaus

Posted on: Friday,  Nov 2, 2012  9:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Buy Simon Property Group, Inc. (NYSE: SPG) on 11/02/2012, when the stock price was $154.98.
Since then, Simon Property Group, Inc. has gained 19.84% as of 01/13/2016's recent price of $185.73.
If you would have followed this Stifel Nicolaus's recommendation on SPG, you would have gained 19.84% of your investment in 1167 days.

Simon Property Group, Inc. (Simon) is a United States-based real estate company. Simon operates from five retail real estate platforms: regional malls, Premium Outlet Centers, The Mills, community/lifestyle centers and international properties. As of November 10, 2009, owns or has an interest in 387 properties comprising 262 million square feet of gross leasable area in North America, Europe and Asia.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/2/2012 9:25 AM Buy
None
154.98 170.00
as of 12/31/2012
1 Week up  0.09 %
1 Month up  3.91 %
3 Months up  2.00 %
1 YTD up  1.00 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/17/2012 8:25 AM Hold
None
127.64
7/28/2011 8:25 AM Buy
None
119.90 130.00
4/27/2009 9:25 AM Hold
None
48.14
11/26/2008 10:25 AM Buy
None
47.20 60.00

(*) Stock Price at the time of the recommendation.
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