Simon Property Group Trading Volume Surges 54.93% to $308 Million Ranking 322nd

On May 27, 2025, Simon Property Group (SPG) saw a significant increase in trading volume, with a turnover of $308 million, marking a 54.93% rise from the previous day. This surge placed SPG at the 322nd position in terms of trading volume for the day. The stock price of Simon Property Group (SPG) rose by 2.19%.

BMO Capital Markets analyst Juan Sanabria has adjusted the price target for Simon Property Group (SPG) from $200 to $180, while maintaining a Market Perform rating on the shares. This revision reflects the analyst's assessment of the company's current market conditions and future prospects.

Simon Property Group, Inc. is a leading real estate investment trust that specializes in owning and managing community and convenience shopping centers, as well as factory outlets. As of the end of 2023, the company's real estate portfolio consisted of 251 properties located in the United States and Puerto Rico, Asia, Europe, and Canada. Additionally, the group owns 84% of Taubman Realty Group, LLC, and 22.4% of Klépierre.