Deutsche Bank (DE:DBKGn) analyst Derek Johnston maintained a Buy rating on Kimco Realty on Tuesday, setting a price target of $24, which is approximately 7.19% above the present share price of $22.39.
Johnston expects Kimco Realty to post earnings per share (EPS) of $0.25 for the fourth quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Kimco Realty, with an average price target of $24.33.
The analysts price targets range from a high of $27 to a low of $22.25.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $289.02 million and a net profit of $102.21 million. The company's market cap is $13.72 billion.
According to TipRanks.com, Deutsche Bank analyst Derek Johnston is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 21.2% and a 75.56% success rate.
Kimco Realty Corp (NYSE:KIM). is a real estate investment trust company, which engages in the ownership and operation of open-air shopping centers. It also specializes in shopping center acquisitions, development and management. The company was founded by Milton Cooper and Martin S. Kimmel in 1973 and is headquartered in New Hyde Park, NY.