A statement released earlier today by Zacks Investment Research about Realty Income Corp (NYSE:O) ups the target price to $70.00
- Updated: October 17, 2016
Indicating a possible upside of 0.14%, Zacks Investment Research increased the stock price target of Realty Income Corp (NYSE:O) to $70.00
Previously on 10/14/2016, Mizuho Securities reported about Realty Income Corp (NYSE:O) raised the target price from $0.00 to $65.00. At the time, this indicated a possible upside of 0.04%.
Yesterday Realty Income Corp (NYSE:O) traded 0.98% higher at $61.46. The company’s 50-day moving average is $65.09 and its 200-day moving average is $65.15. The last stock close price is down -3.83% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,180,139 shares of the stock were exchanged, down from an average trading volume of 1,492,800
See Chart Below
Realty Income Corp has a 52 week low of $45.98 and a 52 week high of $72.30 with a P/E ratio of 57.48 The company’s market cap is currently $0.
About Realty Income Corp (NYSE:O)
Realty Income Corporation is a real estate investment trust (REIT). The Company is engaged in in-house acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting, information technology and capital markets capabilities. Its portfolio includes approximately 4,540 properties, of which over 4,519 are single-tenant properties, and the remaining are multi-tenant properties. The Company has over 280 lease expirations and re-leased approximately 250 properties. It sold over 30 vacant properties. The Company has grouped its tenants into 48 activity segments, including Apparel, Automotive tire services, Beverages, Child care, Convenience stores, Dollar stores, Drug stores, Financial services, Food processing, Grocery stores, Health and fitness, Health care, Home improvement, Restaurants-casual dining, Restaurants-quick service, Sporting goods, Theaters, Transportation services, Wholesale club and 30 other non-reportable segments.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.