Vornado Realty Trust (NYSE:VNO – Get Rating) had its price objective dropped by equities researchers at Truist Financial to $28.00 in a report released on Wednesday, Stock Target Advisor reports. Truist Financial’s price objective points to a potential upside of 16.42% from the company’s previous close.
Other research analysts also recently issued research reports about the stock. Piper Sandler cut their price target on shares of Vornado Realty Trust from $20.00 to $17.00 and set an “underweight” rating on the stock in a report on Friday, October 7th. Morgan Stanley dropped their target price on shares of Vornado Realty Trust from $25.00 to $24.00 and set an “underweight” rating on the stock in a report on Friday, September 9th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Vornado Realty Trust from $33.00 to $25.00 and set a “hold” rating on the stock in a research report on Thursday, October 13th. Mizuho decreased their price target on shares of Vornado Realty Trust from $30.00 to $25.00 and set an “underperform” rating on the stock in a research report on Wednesday, October 19th. Finally, Evercore ISI decreased their target price on shares of Vornado Realty Trust from $34.00 to $31.00 in a research report on Tuesday, September 27th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $27.14.
Vornado Realty Trust Stock Down 1.3 %
VNO stock opened at $24.05 on Wednesday. Vornado Realty Trust has a 12-month low of $20.03 and a 12-month high of $47.26. The company has a quick ratio of 4.62, a current ratio of 4.62 and a debt-to-equity ratio of 1.52. The company has a market cap of $4.61 billion, a price-to-earnings ratio of 48.10, a PEG ratio of 2.47 and a beta of 1.24. The company has a 50 day moving average of $23.77 and a two-hundred day moving average of $28.23.
Hedge Funds Weigh In On Vornado Realty Trust
Vornado Realty Trust Company Profile
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.
- Get a free copy of the StockNews.com research report on Vornado Realty Trust (VNO)
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