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Vornado Realty Trust has a consensus price target of $28.86 based on the ratings of 18 analysts. The high is $44 issued by Citigroup on October 6, 2021. The low is $12 issued by Morgan Stanley on May 30, 2023. The 3 most-recent analyst ratings were released by Goldman Sachs, Scotiabank, and Evercore ISI Group on September 12, 2024, September 4, 2024, and August 28, 2024, respectively. With an average price target of $31.92 between Goldman Sachs, Scotiabank, and Evercore ISI Group, there's an implied -17.74% downside for Vornado Realty Trust from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Vornado Realty (NYSE:VNO) was reported by Goldman Sachs on September 12, 2024. The analyst firm set a price target for $23.75 expecting VNO to fall to within 12 months (a possible -38.79% downside). 31 analyst firms have reported ratings in the last year.
The latest analyst rating for Vornado Realty (NYSE:VNO) was provided by Goldman Sachs, and Vornado Realty maintained their sell rating.
The last upgrade for Vornado Realty Trust happened on August 20, 2024 when Evercore ISI Group raised their price target to $38. Evercore ISI Group previously had an underperform for Vornado Realty Trust.
The last downgrade for Vornado Realty Trust happened on December 11, 2023 when Evercore ISI Group changed their price target from $23 to $28 for Vornado Realty Trust.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Vornado Realty, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Vornado Realty was filed on September 12, 2024 so you should expect the next rating to be made available sometime around September 12, 2025.
While ratings are subjective and will change, the latest Vornado Realty (VNO) rating was a maintained with a price target of $21.50 to $23.75. The current price Vornado Realty (VNO) is trading at is $38.80, which is out of the analyst’s predicted range.
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