In a report released yesterday, Simon Yarmak from Stifel Nicolaus maintained a Buy rating on Realty Income (O – Research Report), with a price target of $67.75. The company’s shares closed yesterday at $57.73.
According to TipRanks, Yarmak is a 5-star analyst with an average return of 9.7% and a 58.44% success rate. Yarmak covers the Real Estate sector, focusing on stocks such as Kimco Realty, Realty Income, and Equity Residential.
Realty Income has an analyst consensus of Moderate Buy, with a price target consensus of $60.55, implying a 4.88% upside from current levels. In a report released on January 1, Jefferies also maintained a Buy rating on the stock with a $66.00 price target.
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The company has a one-year high of $65.54 and a one-year low of $44.38. Currently, Realty Income has an average volume of 6.83M.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of O in relation to earlier this year.
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Realty Income (O) Company Description:
Realty Income Corp. is a real estate company, which engages in generating dependable monthly cash dividends from a consistent and predictable level of cash flow from operations. It operates through Rental segment. The company was founded by William E. Clark, Jr. and Evelyn Joan Clark in 1969 and is headquartered in San Diego, CA.
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