Realty Income Corporation with ticker code (O) now have 16 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 86 and 69 with the average target price sitting at 77.25. Given that the stocks previous close was at 70.03 this indicates there is a potential upside of 10.3%. The 50 day MA is 67.23 while the 200 day moving average is 67.96. The company has a market capitalisation of $40,979m. Company Website: https://www.realtyincome.com
The potential market cap would be $45,203m based on the market concensus.
Realty Income, The Monthly Dividend Company, is an S&P 500 company dedicated to providing stockholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 6,500 real estate properties owned under long-term lease agreements with our commercial clients. To date, the company has declared 608 consecutive common stock monthly dividends throughout its 52-year operating history and increased the dividend 109 times since Realty Income’s public listing in 1994 (NYSE: O). The company is a member of the S&P 500 Dividend Aristocrats index. Additional information about the company can be obtained from the corporate website at www.realtyincome.com.