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Analysts Offer Insights on Real Estate Companies: Newmark Group (NMRK), VICI Properties (VICI) and Vornado Realty (VNO)

Tipranks - Wed May 6, 7:24AM CDT

Analysts have been eager to weigh in on the Real Estate sector with new ratings on Newmark Group (NMRK), VICI Properties (VICI) and Vornado Realty (VNO).

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Newmark Group (NMRK)

Goldman Sachs analyst Julien Blouin maintained a Buy rating on Newmark Group yesterday and set a price target of $20.00. The company’s shares closed last Monday at $15.64, close to its 52-week high of $16.10.

According to TipRanks.com, Blouin is a 3-star analyst with an average return of 4.3% and a 60.0% success rate. Blouin covers the NA sector, focusing on stocks such as Colliers International Group, Cushman & Wakefield, and Alexandria Equities. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Newmark Group with a $19.70 average price target, a 24.3% upside from current levels. In a report issued on April 22, TipRanks – PerPlexity also upgraded the stock to Buy with a $18.50 price target.

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VICI Properties (VICI)

In a report released yesterday, Caitlin Burrows from Goldman Sachs maintained a Buy rating on VICI Properties, with a price target of $32.00. The company’s shares closed last Monday at $28.09, close to its 52-week low of $27.08.

According to TipRanks.com, Burrows is a 1-star analyst with an average return of -1.3% and a 53.8% success rate. Burrows covers the NA sector, focusing on stocks such as Essential Properties Realty, Hudson Pacific Properties, and Phillips Edison & Company. ;'>

Currently, the analyst consensus on VICI Properties is a Moderate Buy with an average price target of $33.42, implying a 17.6% upside from current levels. In a report issued on April 30, TipRanks – Anthropic also upgraded the stock to Buy with a $32.00 price target.

Vornado Realty (VNO)

In a report released today, Michael Lewis from Truist Financial maintained a Hold rating on Vornado Realty. The company’s shares closed last Monday at $29.67.

According to TipRanks.com, Lewis is a 5-star analyst with an average return of 9.1% and a 62.8% success rate. Lewis covers the NA sector, focusing on stocks such as SmartStop Self Storage REIT, Inc., Easterly Government Properties, and American Healthcare REIT, Inc. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Vornado Realty with a $34.64 average price target, a 16.0% upside from current levels. In a report issued on April 22, Piper Sandler also maintained a Hold rating on the stock with a $28.00 price target.

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