Realty Income Corporation (O) : 5 brokerage houses believe that Realty Income Corporation (O) is a Strong Buy at current levels. 9 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Realty Income Corporation (O). Zacks Investment Research suggests a Hold with a rank of 3. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 16 Wall Street Analysts endorse the stock as a Hold with a rating of 2.63.
Realty Income Corporation (O) : The most positive equity analysts on Realty Income Corporation (O) expects the shares to touch $70, whereas, the least positive believes that the stock will trade at $46 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $60.58 with an expected fluctuation of $6.95 from the mean.
Realty Income Corporation (NYSE:O): The stock opened at $71.29 on Wednesday but the bulls could not build on the opening and the stock topped out at $71.92 for the day. The stock traded down to $70.76 during the day, due to lack of any buying support eventually closed down at $71.21 with a loss of -0.36% for the day. The stock had closed at $71.47 on the previous day. The total traded volume was 1,806,540 shares.
Also, The rating by the firm was issued on April 4, 2016. The company shares have rallied 54.46% from its 1 Year high price. On Jul 5, 2016, the shares registered one year high at $71.50 and the one year low was seen on Sep 4, 2015. The 50-Day Moving Average price is $63.56 and the 200 Day Moving Average price is recorded at $59.75.
Realty Income Corporation is a real estate company. As of December 31, 2014, the Company owned 4,327 properties, with approximately 4,257 properties leased and 70 properties available for lease. The Company leased to approximately 234 different commercial tenants doing business in 47 separate industries. The properties are located in 49 states and Puerto Rico with over 70 million square feet of leasable space and with an average leasable space per property of approximately 16,350 square feet, including approximately 11,290 square feet per retail property and approximately 196,800 square feet per industrial and distribution property. The Company has approximately 4,308 single-tenant properties and 19 multi-tenant properties. The Company has grouped its tenants into 48 activity segments.