In a recent analysis ahead of the first-quarter earnings report, Barclays has revised its price target for Realty Income (O, Financial), a prominent net lease real estate investment trust. The firm now anticipates a price of $58 per share, slightly down from the previous target of $59.
Despite the modest adjustment, Barclays maintains an Overweight rating for Realty Income, suggesting confidence in the company's potential performance and growth prospects. Analysts continue to monitor the REIT sector closely, as its dynamics are influenced by macroeconomic conditions and market trends.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Realty Income Corp (O, Financial) is $60.72 with a high estimate of $65.50 and a low estimate of $57.00. The average target implies an upside of 4.77% from the current price of $57.96. More detailed estimate data can be found on the Realty Income Corp (O) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, Realty Income Corp's (O, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Realty Income Corp (O, Financial) in one year is $65.56, suggesting a upside of 13.11% from the current price of $57.96. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Realty Income Corp (O) Summary page.
