Barclays has initiated coverage on Simon Property Group (SPG, Financial) with a price target of $170.00. The announcement was made by analyst Richard Hightower, who assigned an "Equal-Weight" rating to SPG. This new coverage was reported on July 2, 2025.
The price target set by Barclays reflects the current market outlook for Simon Property Group, one of the leaders in the real estate sector. The initiation of coverage by such a prominent institution marks a significant event for SPG, potentially influencing market perceptions and investor decisions.
Simon Property Group's latest coverage and rating by Barclays are significant for investors focusing on real estate investment trusts. With the price target announced in USD, the new coverage provides an updated valuation perspective for SPG stakeholders.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Simon Property Group Inc (SPG, Financial) is $184.59 with a high estimate of $220.00 and a low estimate of $163.00. The average target implies an upside of 12.37% from the current price of $164.27. More detailed estimate data can be found on the Simon Property Group Inc (SPG) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Simon Property Group Inc's (SPG, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Simon Property Group Inc (SPG, Financial) in one year is $141.39, suggesting a downside of 13.93% from the current price of $164.27. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Simon Property Group Inc (SPG) Summary page.
