Simon Property Group stock holds near recent highs as Evercore trims price target

Published on 09/21/2026 at 23:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Simon Property Group stock closed at USD 205.16 on the NYSE on September 18, 2026, near recent highs despite a modest analyst target cut. Evercore ISI lowered its price target to USD 216 on September 21, 2026, while maintaining an In Line rating on the shares.

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Simon Property Group stock (ISIN US8288061091) most recently closed at USD 205.16 on the NYSE on September 18, 2026, marking a 1.8 percent gain versus the prior session and keeping the mall owner’s shares close to their recent highs for retail investors tracking listed real estate names.

Evercore ISI trims target but keeps rating

As Futunn reported on September 21, 2026, Evercore ISI lowered its price target on Simon Property Group to USD 216 from USD 219 while maintaining an In Line rating, signaling that the broker still regards the shares as fairly valued around current levels.

According to Zonebourse on September 21, 2026, the broader analyst consensus for Simon Property Group points to an average price target of USD 235.00 compared with a last closing price of USD 205.32, implying upside of 14.46 percent if those expectations are met.

Consensus and recent stock performance

Zonebourse highlights that Simon Property Group currently carries a composite recommendation of Accumulate based on 20 analysts, underlining that most covering houses still view the stock positively despite the small cut from Evercore ISI.

Per an institutional holdings overview on Investing.com dated September 21, 2026, Simon Property Group shares were quoted at USD 204.82 within the FlexShares Global Quality Real Estate ETF, representing a 0.24 percent slip on that snapshot and a 3.70 percent weighting in the fund.

Stock level and investor takeaway

For investors, the combination of a closing price of USD 205.16 on September 18, 2026, on the NYSE and an average analyst target of USD 235.00 as of September 21, 2026, means Simon Property Group stock is trading about 14.46 percent below where the consensus expects it to move over the coming months, while Evercore ISI’s revised USD 216 target sits much closer to the current market level.