Shares of Vornado Realty Trust (Symbol: VNO) surpassed the average analyst 12-month target price of $45.78, trading at $46.34 per share. This development invites analysts to decide whether to downgrade their valuation or increase their target prices based on the company’s performance. The price targets range widely, with one analyst setting a lower limit of $36.00 and another projecting a high of $52.00.
Currently, Vornado Realty Trust has one strong buy rating, five hold ratings, and two strong sell ratings among analysts covering the stock. The overall average rating stands at 3.16, measured on a scale where 1 represents a strong buy and 5 indicates a strong sell. The standard deviation of the analyst targets is $4.763.