Analyst Revises Vornado Realty Trust (NYSE:VNO) Stock Target


Vornado Realty Trust (NYSE:VNO) mean price target has been set at $104.0000 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $1.3000 in the near-term quarter and $4.9800 for the ongoing fiscal. The market cap of Vornado Realty Trust Common Sto was recorded at $18.84B after the stock closed at $99.7999 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Vornado Realty Trust (NYSE:VNO) has a P/E ratio of 39.3533. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. Vornado Realty Trust (NYSE:VNO) PEG ratio sits at 3.3000. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of Vornado Realty Trust Common Sto visibly illustrates that the 50-day MA of Vornado Realty Trust Common Sto is $96.3794, and stock is trading 3.4205 or +3.5490% distant from $96.3794. The 200-day MA is $93.3993, and this price is $6.4006 or +6.8529% off from current level. Vornado Realty Trust (NYSE:VNO) 52-week high is $103.4100 and the 52-week low is $78.9100. This represents that if the stock moves $-3.6101 points up on the chart to make a 52-week high. But, if it declines $+26.4731%, then the shares price can hit a new 52-week low.

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