Vornado Realty Gets a Buy Rating from BMO Capital

By Jason Carr

BMO Capital analyst John Kim maintained a Buy rating on Vornado Realty (NYSE: VNO) today and set a price target of $85. The company’s shares opened today at $68.03.

According to TipRanks.com, Kim is a 4-star analyst with an average return of 3.6% and a 55.3% success rate. Kim covers the Financial sector, focusing on stocks such as Apartment Investment & Management, Franklin Street Properties, and National Health Investors.

Vornado Realty has an analyst consensus of Moderate Buy, with a price target consensus of $76.43.

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The company has a one-year high of $80.92 and a one-year low of $64.13. Currently, Vornado Realty has an average volume of 1.19M.

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Vornado Realty Trust 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 Center in San Francisco.