Zacks Investment Research downgraded Realty Income Corp (NYSE:O) to Hold in a statement released earlier today.
- Updated: November 30, 2016
Boasting a price of $56.74, Realty Income Corp (NYSE:O) traded -2.29% lower on the day. With the last stock price close down -13.80% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Realty Income Corp has recorded a 50-day average of $58.65 and a two hundred day average of $64.32. Volume of trade was up over the average, with 2,691,467 shares of O changing hands over the typical 1,695,870
Zacks Investment Research has downgraded Realty Income Corp (NYSE:O) to Hold in a statement released on Thursday December 01, 2016.
On 11/30/2016, Zacks Investment Research released a statement for Realty Income Corp (NYSE:O) bumped up the target price from $0.00 to $64.00 that suggested an upside of 0.14%.
With a total market value of $0, Realty Income Corp has price-earnings ratio of 50.22 with a one year low of $48.37 and a one year high of $72.30 .
Brief Synopsis 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.
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