Stifel Nicolaus Thinks Realty Income Corp’s Stock is Going to Recover

By Austin Angelo

Stifel Nicolaus analyst Simon Yarmak reiterated a Buy rating on Realty Income Corp (NYSE: O) on October 29 and set a price target of $65. The company’s shares closed yesterday at $53.67, close to its 52-week low of $52.72.

According to, Yarmak is a 4-star analyst with an average return of 8.3% and a 62.9% success rate. Yarmak covers the Financial sector, focusing on stocks such as Pennsylvania Real Estate ate Investment, General Growth Properties Inc, and National Retail Properties.

Realty Income Corp has an analyst consensus of Hold, with a price target consensus of $60.

The company has a one-year high of $63.60 and a one-year low of $52.72. Currently, Realty Income Corp has an average volume of 1.63M.

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Realty Income Corp. is a real estate company, which engages in generating dependable monthly cash dividends from a consistent and predictable level of cash flow from operations. It also involves in in-house acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting, information technology, and capital markets capabilities. The company was founded by William E. Clark, Jr. and Evelyn Joan Clark in 1969 and is headquartered in San Diego, CA