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Evercore ISI Sticks to Its Hold Rating for Kimco Realty (KIM)

Evercore ISI Sticks to Its Hold Rating for Kimco Realty (KIM)

In a report released today, Steve Sakwa from Evercore ISI maintained a Hold rating on Kimco Realty, with a price target of $23.00. The company’s shares closed yesterday at $21.23.

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According to TipRanks, Sakwa is a 2-star analyst with an average return of 0.3% and a 50.46% success rate. Sakwa covers the Real Estate sector, focusing on stocks such as Paramount Group, Rexford Industrial Realty, and Boston Properties.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kimco Realty with a $24.28 average price target, a 14.37% upside from current levels. In a report released today, Scotiabank also maintained a Hold rating on the stock with a $23.00 price target.

The company has a one-year high of $25.83 and a one-year low of $17.93. Currently, Kimco Realty has an average volume of 4.22M.

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