Vornado Realty Trust – Consensus Indicates Potential 22.5% Upside

Broker Ratings
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Vornado Realty Trust found using ticker (VNO) now have 11 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 52 and 32 and has a mean target at 42.91. Given that the stocks previous close was at 35.03 this would indicate that there is a potential upside of 22.5%. The 50 day MA is 39.98 and the 200 day moving average is 42.23. The company has a market cap of $7,321m. Company Website: https://www.vno.com

The potential market cap would be $8,968m 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.

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