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One platform for global traditional assets
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Simon Property Group, Inc. (NYSE:SPG) Given Consensus Recommendation of "Hold" by Brokerages
Simon Property Group (NYSE:SPG) has received a consensus “Hold” rating from brokerages, with ten out of fifteen firms recommending a “Hold” and five suggesting a “Buy.” The average 12-month price target is set at $200.14. The company recently announced a $2.0 billion share buyback program and a quarterly dividend of $2.20, representing an annualized yield of approximately 4.3%.