SPG Stock Forecast: Real Estate Giants Recovering now
This SPG Stock Forecast article was written by Yuxiao Yang – Financial Analyst at I Know First.
Summary:
- Simon Property Group’s 2021 Q2 net sales have been returned back to pre-pandemic levels, it increased 18.9% compared with 2020 Q2.
- We can expect that net sales of Simon Property Group will continue to rise with the golden period of the holiday season this year.
- Simon redeem $1.65 billion of senior notes this year to reduce debt.
- Simon has been actively expanding its overseas business territory and building renovation and expansion projects this year.
- SPG stock has grown by 87.99% since September 18th, 2020.