Zacks Rating on Vornado Realty Trust (VNO)

Vornado Realty Trust (VNO) : 2 brokerage houses believe that Vornado Realty Trust (VNO) is a Strong Buy at current levels. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Vornado Realty Trust (VNO). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 7 Wall Street Analysts endorse the stock as a Buy with a rating of 2.43.

Vornado Realty Trust (VNO) stock is expected to deviate a maximum of $4.22 from the average target price of $107.83 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $115 and the most muted being $102.


Vornado Realty Trust has lost 1.15% in the last five trading days and dropped 1.81% in the last 4 weeks. Vornado Realty Trust is up 8.26% in the last 3-month period. Year-to-Date the stock performance stands at 4.31%. Vornado Realty Trust (NYSE:VNO): stock turned positive on Tuesday. Though the stock opened at $102.7, the bulls momentum made the stock top out at $103.06 level for the day. The stock recorded a low of $102.15 and closed the trading day at $102.24, in the green by 0.06%. The total traded volume for the day was 369,723. The stock had closed at $102.18 in the previous days trading.

Vornado Realty Trust (Vornado) is a fully integrated real estate investment trust (REIT). The Company conducts its business through, and substantially all of its interests in properties are held by, Vornado Realty L.P. (the Operating Partnership). The Company is the sole general partner of, and owned approximately 94.1% of the common limited partnership interest in the Operating Partnership. The Companys segments include New York, Washington, DC and Toys R Us (Toys). The Companys other investments includes The Mart, 555 California Street, Vornado Capital Partners Real Estate Fund and Toys R Us, Inc. The Company is the general partner and investment manager of Vornado Capital Partners Real Estate Fund.

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