BMO Capital analyst Juan C. Sanabria maintained a Hold rating on Simon Property yesterday and set a price target of $185.00.
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Juan C. Sanabria has given his Hold rating due to a combination of factors including Simon Property’s strong financial performance and strategic moves. The company reported a notable increase in funds from operations (FFO) for the third quarter of 2025, surpassing expectations with a 5.6% year-over-year rise. This growth was supported by robust domestic net operating income and improved sales productivity, despite uncertainties in consumer spending and job growth.
Additionally, Simon Property raised its earnings guidance, reflecting confidence in its financial outlook. The acquisition of the remaining minority interest in Taubman at a favorable yield further strengthens its position. However, while the company’s leasing activities and balance sheet remain solid, the Hold rating suggests that the stock may already be fairly valued, with limited immediate upside potential compared to its current market price.