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Analysts’ Opinions Are Mixed on These Real Estate Stocks: Simon Property (SPG) and Strawberry Fields REIT Inc (STRW)

Tipranks - Wed Aug 12, 6:32AM CDT

Analysts have been eager to weigh in on the Real Estate sector with new ratings on Simon Property (SPG) and Strawberry Fields REIT Inc (STRW).

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Simon Property (SPG)

In a report released today, Simon Yarmak from Stifel Nicolaus maintained a Hold rating on Simon Property, with a price target of $209.00. The company’s shares closed last Monday at $220.55.

According to TipRanks.com, Yarmak is a 5-star analyst with an average return of 8.2% and a 58.8% success rate. Yarmak covers the NA sector, focusing on stocks such as Alpine Income Property Trust Inc, Essential Properties Realty, and Host Hotels & Resorts. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Simon Property with a $224.53 average price target, a 1.5% upside from current levels. In a report issued on July 27, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $247.00 price target.

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Strawberry Fields REIT Inc (STRW)

Alliance Global Partners analyst Gaurav Mehta reiterated a Buy rating on Strawberry Fields REIT Inc today and set a price target of $16.00. The company’s shares closed last Monday at $13.66.

According to TipRanks.com, Mehta is a 3-star analyst with an average return of 1.6% and a 50.3% success rate. Mehta covers the NA sector, focusing on stocks such as Alpine Income Property Trust Inc, Sunrise Realty Trust Inc, and Chiron Real Estate ate. ;'>

Strawberry Fields REIT Inc has an analyst consensus of Strong Buy, with a price target consensus of $15.70, implying a 12.5% upside from current levels. In a report issued on August 7, Colliers Securities also maintained a Buy rating on the stock with a $16.00 price target.

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