Bank of America Securities Maintains Buy Rating on Simon Property Group

Simon Property (SPG) received a Buy rating from Bank of America Securities analyst Jeffrey Spector. The company's shares opened at $173.39. Spector has a 3.0% average return and 49.18% success rate. SPG has a market cap of $65.36B and a P/E ratio of 24.53. Corporate insider sentiment is positive with 81 insiders buying shares over the past quarter.

Simon Property Group (SPG) has received a Buy rating from Bank of America Securities analyst Jeffrey Spector, according to the latest analyst ratings from TipRanks [1]. The company's shares opened at $173.39 on July 2, 2025. Spector, known for his 3.0% average return and 49.18% success rate, has a positive outlook on SPG's prospects [1].

SPG has a market capitalization of $65.36 billion and a P/E ratio of 24.53, indicating a relatively high valuation compared to the industry average [1]. The positive corporate insider sentiment, with 81 insiders buying shares over the past quarter, further supports the bullish outlook [1].

The Buy rating from Spector comes amidst a generally positive analyst sentiment for SPG. Over the past three months, the company has received a majority of Buy ratings, with only a few Hold ratings [1]. This consistent positive sentiment suggests that analysts are optimistic about SPG's future performance.

Analysts have cited SPG's strong financial performance and strategic positioning as key factors driving their positive outlook. The company's ability to generate consistent earnings and its focus on value-added investments have been highlighted as positive attributes [1].

In conclusion, Simon Property Group's recent Buy rating from Bank of America Securities, coupled with positive corporate insider sentiment and a majority of positive analyst ratings, presents a strong case for investors considering SPG as a potential investment opportunity.

References:
[1] https://www.tipranks.com/stocks/spg/forecast