Analyst Rating Update on Vornado Realty Trust (VNO)

Vornado Realty Trust (VNO) : 8 analysts are covering Vornado Realty Trust (VNO) and their average rating on the stock is 2.25, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Vornado Realty Trust (VNO) : Currently there are 6 street experts covering Vornado Realty Trust (VNO) stock. The most bullish and bearish price target for the stock is $110 and $101 respectively for the short term. The average price target of all the analysts comes to $105.67. The estimated standard deviation from the target is $3.61.

For the current week, the company shares have a recommendation consensus of Buy.


Vornado Realty Trust (NYSE:VNO): The stock opened at $105.11 on Wednesday but the bulls could not build on the opening and the stock topped out at $105.91 for the day. The stock traded down to $104.31 during the day, due to lack of any buying support eventually closed down at $105.00 with a loss of -0.10% for the day. The stock had closed at $105.11 on the previous day. The total traded volume was 1,233,126 shares.

Vornado Realty Trust (Vornado) is a fully integrated real estate investment trust (REIT). The Company conducts its business through, and substantially all of its interests in properties are held by, Vornado Realty L.P. (the Operating Partnership). The Company is the sole general partner of, and owned approximately 94.1% of the common limited partnership interest in the Operating Partnership. The Companys segments include New York, Washington, DC and Toys R Us (Toys). The Companys other investments includes The Mart, 555 California Street, Vornado Capital Partners Real Estate Fund and Toys R Us, Inc. The Company is the general partner and investment manager of Vornado Capital Partners Real Estate Fund.

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