Barclays Maintains Hold Rating on Simon Property with $170 Price Target

Barclays maintains a Hold rating on Simon Property (SPG) with a $170 price target. Richard Hightower, the analyst, has a 47.50% success rate and an average return of -0.7%. The company's shares closed at $176.83. Corporate insider activity shows a positive sentiment, with 81 insiders buying shares over the past quarter.

Barclays has maintained a Hold rating on Simon Property Group (SPG) with a price target of $170. The company's shares closed at $176.83 on July 2, 2025. Richard Hightower, the analyst at Barclays, has a 47.50% success rate and an average return of -0.7%. The company's recent corporate insider activity indicates a positive sentiment, with 81 insiders buying shares over the past quarter.

Simon Property Group's Q2 2025 results showed robust financial performance, with a 2.8% year-over-year (YoY) increase in top-line revenue to $1.5 billion and a 4.2% YoY rise in net operating income (NOI). The company's real estate funds from operations (FFO) grew 4.1% YoY to $3.05 per share, surpassing consensus estimates by 33 basis points. Despite these positive earnings, the stock has seen conflicting sentiments among analysts. While some firms like Stifel and Evercore ISI have maintained a Buy rating, others like Scotiabank and BMO Capital have lowered their price targets.

Truist Securities recently raised its price target (PT) to $169, maintaining a Hold rating. This reflects the mixed signals from other analysts. The company's strong Q2 performance and the expected real estate FFO for FY25 are positive indicators, but the market's response to the latest earnings call and the company's dividend increase to $2.15 per share from $2.05 per share has been cautious. The Hold rating suggests a wait-and-see approach from Truist Securities, indicating that the market needs more clarity on the company's long-term growth prospects.

Overall, Simon Property Group's Q2 2025 results were solid, but the market's reaction has been tempered by the mixed analyst sentiments and the Hold rating from Truist Securities. Investors should continue to monitor the company's performance and analyst ratings as more data becomes available.

References:
[1] https://www.ainvest.com/news/simon-property-group-truist-securities-maintains-hold-raises-pt-169-2508/
[2] https://www.theglobeandmail.com/investing/markets/stocks/SPG/pressreleases/34442167/barclays-keeps-their-hold-rating-on-simon-property-spg/