|Company name||Simon Property Group Inc|
|Live stock price||[stckqut]SPG[/stckqut]|
|P/E compared to competitors||Fair|
|Confident Investor Rating||Fair|
|Target stock price (TWCA growth scenario)||$152.34|
|Target stock price (averages with growth)||$174.77|
|Target stock price (averages with no growth)||$151.88|
|Target stock price (manual assumptions)||$148.03|
The following company description is from Google Finance: http://www.google.com/finance?q=spg
Simon Property Group, Inc.( Simon Property), is a self-administered and self-managed real estate investment trust (REIT). Simon Property Group, L.P.(Operating Partnership), is the Company's majority-owned partnership subsidiary that owns all of its real estate properties and other assets. The Company owns, develops and manages retail real estate properties, which consist primarily of malls, Premium Outlets, The Mills, and community/lifestyle centers. On January 9, 2012, it sold its interest in Gallerie Commerciali Italia, S.p.A. In June 2012, the Company acquired 50% of Silver Sands Factory Stores. In December 2012, the Company acquired Paragon Outlets Grand Prairie in Grand Prairie, Texas and Paragon Outlets Livermore Valley in Livermore, California.
Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in this stock as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.
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