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Analysts Offer Insights on Real Estate Companies: Simon Property (SPG) and Welltower (WELL)

Tipranks - Tue Mar 24, 9:43AM CDT

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Simon Property (SPG) and Welltower (WELL).

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Simon Property (SPG)

BMO Capital analyst Juan C. Sanabria maintained a Hold rating on Simon Property today and set a price target of $220.00. The company’s shares closed last Monday at $185.74, close to its 52-week high of $190.14.

According to TipRanks.com, Sanabria is a 3-star analyst with an average return of 2.4% and a 51.3% success rate. Sanabria covers the NA sector, focusing on stocks such as SmartStop Self Storage REIT, Inc., American Healthcare REIT, Inc., and National Storage Affiliates. ;'>

Simon Property has an analyst consensus of Moderate Buy, with a price target consensus of $205.20.

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Welltower (WELL)

Stifel Nicolaus analyst Justin Keywood reiterated a Buy rating on Welltower on March 20. The company’s shares closed last Monday at $198.24.

According to TipRanks.com, Keywood has 0 stars on 0-5 stars ranking scale with an average return of -4.0% and a 44.9% success rate. Keywood covers the Healthcare sector, focusing on stocks such as Cipher Pharmaceuticals, Knight Therapeutics, and 20/20 Biolabs, Inc. ;'>

Welltower has an analyst consensus of Strong Buy, with a price target consensus of $231.42, a 16.4% upside from current levels. In a report issued on March 10, TipRanks – OpenAI also upgraded the stock to Buy with a $231.00 price target.

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