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

up 99.49 %

Simon Property Group, Inc. (SPG) rated Buy with price target $96 by Morgan Joseph

Posted on: Monday,  May 3, 2010  1:25 PM ET by Morgan Joseph

Morgan Joseph rated Buy Simon Property Group, Inc. (NYSE: SPG) on 05/03/2010, when the stock price was $93.10.
Since then, Simon Property Group, Inc. has gained 99.50% as of 01/13/2016's recent price of $185.73.
If you would have followed this Morgan Joseph's recommendation on SPG, you would have gained 99.49% of your investment in 2081 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.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/3/2010 1:25 PM Buy
93.10 96.00
as of 12/31/2010
1 Week up  1.78 %
1 Month up  1.04 %
3 Months up  7.32 %
1 YTD up  6.90 %

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