1.5% Above Target

Wall Street's consensus price target for SPG is $208.22, -1.5% from its current price of $211.33. The below-market target from 37 analysts suggests limited near-term appreciation.

SPG has a consensus rating of "Hold" based on 37 Wall Street analysts. The rating breakdown is mixed, with 19 Hold ratings making up the largest segment. The consensus 12-month price target of $208.22 implies -1.5% downside from current levels.

SPG trades at a forward P/E of 32.1087x, representing a moderate valuation. With analysts targeting $208.22 (-1.5% implied move), the stock appears close to fair value.

The most bullish Wall Street analyst has a price target of $230 for SPG, while the most conservative target is $192. The consensus of $208.22 represents the median expectation. Our quantitative valuation model projects a bull case target of $312 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

SPG is heavily covered by Wall Street, with 37 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 16 have Buy ratings, 19 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month SPG stock forecast based on 37 Wall Street analysts shows a consensus price target of $208.22, with estimates ranging from $192 (bear case) to $230 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $237, with bear/bull scenarios of $149/$312.

Our quantitative valuation model calculates SPG's fair value at $237 (base case), with a bear case of $149 and bull case of $312. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 50/100.

SPG trades at a forward P/E ratio of 32.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 14.9x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on SPG, with 2 Sell ratings and a price target of $208.22 (-1.5% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

SPG analyst price targets range from $192 to $230, a 18% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $208.22 consensus represents the middle ground. Our model's $149-$312 range provides an independent fundamental perspective.