RBC Capital analyst Brad Heffern maintained a Buy rating on Realty Income (O – Research Report) yesterday and set a price target of $60.00. The company’s shares closed yesterday at $59.11.
According to TipRanks, Heffern is a 5-star analyst with an average return of 11.6% and a 46.04% success rate.
Realty Income has an analyst consensus of Moderate Buy, with a price target consensus of $60.98, a 3.16% upside from current levels. In a report released yesterday, Mizuho Securities also maintained a Buy rating on the stock with a $60.00 price target.
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O market cap is currently $43.06B and has a P/E ratio of 45.18.
Based on the recent corporate insider activity of 42 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.
Read More on O:
- Realty Income price target raised to $60 from $58 at Mizuho
- 643rd Consecutive Common Stock Monthly Dividend Declared by Realty Income
- Realty Income Stock (NYSE:O): Why Dividend Growth Could Reaccelerate
- Realty Income put volume heavy and directionally bearish
- Realty Income Stock (NYSE:O): Is This Dividend Aristocrat Worth Buying?
