BMO Capital analyst John Kim maintained a Buy rating on Vornado Realty on Wednesday, setting a price target of $60, which is approximately 53.26% above the present share price of $39.15.
Kim expects Vornado Realty to post earnings per share (EPS) of $0.03 for the second quarter of 2020.
The current consensus among 10 TipRanks analysts is for a Hold rating of shares in Vornado Realty, with an average price target of $42.67.
The analysts price targets range from a high of $75 to a low of $32.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $444.53 million and a net profit of $68.9 million. The company's market cap is $7.48 billion.
According to TipRanks.com, BMO Capital analyst John Kim is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 2.0% and a 50.57% success rate.
Vornado Realty Trust (NYSE:VNO) is a real estate investment trust. The company owns office, retail, merchandise mart properties and other real estate and related investments. Its office properties include various building office complexes and Bank of America (NYSE:BAC) Center in San Francisco. The company's retail properties include shopping centers, regional malls single tenant retail assets. Its other real estate and related investments include marketable securities and mezzanine loans or real estate. The company was founded by Steve Roth in 1980 and is headquartered in New York, NY.