Capital One Financial Corp. began coverage on shares of Kimco Realty Corp. (NYSE:KIM) in a report issued on Monday, TheFlyOnTheWall.com reports. The firm issued a strong-buy rating on the stock.
Capital One Financial Corp. has also taken action a number of other financials stocks recently. The firm initiated coverage on shares of “AmREIT, Inc.”. They issued an add rating on that stock. Also, Capital One Financial Corp. initiated coverage on shares of Retail Properties of America Inc.. They issued a neutral rating on that stock.
Kimco Realty Corp. (NYSE:KIM) traded down 0.39% on Monday, hitting $20.56. 379,933 shares of the company’s stock traded hands. Kimco Realty Corp. has a 52-week low of $18.11 and a 52-week high of $25.09. The stock’s 50-day moving average is $20.97 and its 200-day moving average is $22.21. The company has a market cap of $8.422 billion and a P/E ratio of 48.22.
Other equities research analysts have also recently issued reports about the stock. Analysts at Cowen and Company cut their price target on shares of Kimco Realty Corp. (NYSE:KIM) from $25.00 to $23.00 in a research note to investors on Thursday, September 12th. Separately, analysts at Janney Montgomery Scott initiated coverage on shares of Kimco Realty Corp. (NYSE:KIM) in a research note to investors on Tuesday, September 10th. They set a neutral rating on the stock. Finally, analysts at Zacks reiterated a neutral rating on shares of Kimco Realty Corp. (NYSE:KIM) in a research note to investors on Friday, August 16th. They now have a $22.00 price target on the stock.
Nine equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of $24.20.
Kimco Realty Corp. is a real estate investment trust (NYSE:KIM) that owns and operates North America’s largest portfolio of neighborhood and community shopping centers.
