Simon Property Group Trading Volume Drops 33.78% to 417th Position

On May 23, 2025, Simon Property Group (SPG) recorded a trading volume of $199 million, marking a 33.78% decrease from the previous day. This placed SPG at the 417th position in terms of trading volume for the day. The stock price of SPG declined by 0.75%, extending its losing streak to five consecutive days, with a total decline of 5.06% over the past five days.

Piper Sandler has adjusted its price target for Simon Property Group (SPG) to $200, down from the previous target of $205. The firm maintains an Overweight rating on the shares, reflecting its updated estimates and targets within the real estate sector following the close of Q1 earnings.

Analysts polled by FactSet have given Simon Property Group an average rating of overweight, with a mean price target of $185.62. The highest price target for SPG is $205.00, while the lowest is $158.00. The average price target suggests a potential upside of 13.79%.

Piper Sandler has also upgraded Simon Property Group from a "neutral" rating to an "overweight" rating, raising their target price for the company from $175.00. This adjustment comes as part of a broader review of the real estate sector, indicating a more optimistic outlook for the company's future performance.