Vornado Realty Trust found using ticker (VNO) now have 11 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 52 and 36 and has a mean target at 45.18. Given that the stocks previous close was at 46.34 this now indicates there is a potential downside of -2.5%. The 50 day moving average now sits at 43.21 and the 200 day moving average is 44.37. The market cap for the company is $8,871m. Company Website: https://www.vno.com
The potential market cap would be $8,649m based on the market concensus.
Vornado’s portfolio is concentrated in the nation’s key market  New York City  along with the premier asset in both Chicago and San Francisco. Vornado is also the real estate industry leader in sustainability policy. The company owns and manages over 23 million square feet of LEED certified buildings and received the Energy Star Partner of the Year Award, Sustained Excellence 2019. In 2012, Vornado commemorated 50 years on the NYSE.
