Truist sets Hold rating on Simon Property Group stock
Published on 10/05/2026 at 14:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Simon Property Group (US8288061091) was trading at EUR 179.58 at Lang & Schwarz on October 5, 2026 at 2:33 p.m. CEST, up 0.14 percent versus the EUR 179.33 prior close. The latest analyst action came on October 2, 2026, when MarketBeat reported that Truist Financial initiated coverage with a Hold rating and a USD 215.00 price target.
Truist adds a cautious signal
The Truist target sits below the broader analyst average. MarketBeat listed a consensus Hold rating from 17 analysts and an average twelve-month target of USD 227.64 on October 5, 2026, with 12 Hold ratings, three Buy ratings and two Strong Buy ratings.
The latest distribution of views is important because the consensus target is USD 12.64 above the Truist target. At the same time, the average target is USD 48.06 above the Lang & Schwarz price, but the currencies and trading venues differ, so that gap is not a return calculation.
Revenue grew as earnings missed
Simon Property Group generated USD 1.79 billion of revenue in the second quarter of 2026, up 19.50 percent from the same quarter a year earlier, according to MarketBeat. Earnings per share came in at USD 1.49, below the USD 1.64 consensus estimate by USD 0.15.
The contrast is clear: revenue exceeded the USD 1.61 billion consensus estimate, while earnings per share missed expectations. Simon maintained fiscal 2026 earnings per share guidance of USD 13.20-13.30, giving the market a defined operating benchmark for the rest of the year.
Stock remains below its yearly high
Simon Property Group's primary listing is on the NYSE under ticker SPG. The stock's 52-week range was USD 172.19 to USD 238.50 as of October 2, 2026, while market capitalization stood at USD 65.2 billion. The Lang & Schwarz euro quote is a separate German-market reference and is not combined with those US-dollar levels.
For investors, the central tension is between expanding revenue and the latest earnings shortfall. The Hold consensus and the USD 215.00 Truist target point to a measured stance rather than a broad analyst upgrade.
EUR 179.58 quote at Lang & Schwarz
Simon Property Group was trading at EUR 179.58 at Lang & Schwarz on October 5, 2026 at 2:33 p.m. CEST, plus 0.14 percent versus the EUR 179.33 prior close at Lang & Schwarz on October 2, 2026.
The further course of trading is shown by the continuously updated real-time quote of Simon Property Group stock.
Simon Property Group stock facts
- Company: Simon Property Group, Inc.
- ISIN: US8288061091
- Ticker: SPG
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 5, 2026, 2:33 p.m. CEST: EUR 179.58
- Change versus prior close: plus 0.14 percent
- Prior close Lang & Schwarz October 2, 2026: EUR 179.33
- Market capitalization: USD 65.2 billion as of October 2, 2026
- 52-week range: USD 172.19-238.50 as of October 2, 2026
- Sector / Industry: Real Estate / REIT - Retail
- Index membership: S&P 100
