Realty Income (O) Reaches $71.24 52-Week High; Shorts at MICHELIN CIE GEN DES ESTB CL B ORDINARY (MGDDF) Raised By 85.19%

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The stock of Realty Income Corporation (NYSE:O) hit a new 52-week high and has $75.51 target or 6.00% above today’s $71.24 share price. The 5 months bullish chart indicates low risk for the $21.67B company. The 1-year high was reported on Mar, 17 by Barchart.com. If the $75.51 price target is reached, the company will be worth $1.30 billion more. The stock decreased 0.93% or $0.67 during the last trading session, reaching $71.24. About 3.56 million shares traded or 66.46% up from the average. Realty Income Corporation (NYSE:O) has risen 40.17% since March 17, 2018 and is uptrending. It has outperformed by 35.80% the S&P500. Some Historical O News: 13/03/2018 REALTY INCOME BOOSTS MONTHLY DIV TO 21.95C/SHR FROM 21.9C; 27/03/2018 – Realty Income Prices $500 M of 3.875% Senior Unsecured Notes Due 2025; 08/05/2018 – Realty Income Sees 2018 EPS $1.21-EPS $1.29; 30/05/2018 – JPMorgan Realty Income Adds Camden Property; 08/05/2018 – REALTY INCOME CORP – FFO PER SHARE FOR QUARTER ENDED MARCH 31, 2018 INCREASED WAS $0.79; 08/05/2018 – REALTY INCOME CORP O.N SEES FY 2018 ADJUSTED FFO SHR $3.14 TO $3.20; 11/05/2018 – Factors of Influence in 2018, Key Indicators and Opportunity within Hasbro, Realty Income, The Hartford Financial Services Grou; 18/05/2018 – Realty Income Declares Dividend of 21.95c; 08/05/2018 – Realty Income Reiterates 2018 AFFO Per Share Guidance of $3.14 – $3.20; 03/05/2018 – Realty Income Names Neil Abraham Chief Strategy Officer And Mark E. Hagan Chief Investment Officer

MICHELIN CIE GEN DES ESTB CL B ORDINARY (OTCMKTS:MGDDF) had an increase of 85.19% in short interest. MGDDF’s SI was 35,000 shares in March as released by FINRA. Its up 85.19% from 18,900 shares previously. With 300 avg volume, 117 days are for MICHELIN CIE GEN DES ESTB CL B ORDINARY (OTCMKTS:MGDDF)’s short sellers to cover MGDDF’s short positions. It closed at $113.9 lastly. It is down 0.00% since March 17, 2018 and is . It has underperformed by 4.37% the S&P500.

Compagnie Générale des Établissements Michelin makes, distributes, and sells tires worldwide. The company has market cap of $20.92 billion. It offers tires for cars, vans, trucks, buses, farm machinery, earthmovers, mining and handling equipment, tramways, metros, aircraft, motorcycles, scooters, and bicycles. It has a 10.08 P/E ratio. The firm provides its products primarily under the BFGoodrich, KLEBER, UNIROYAL, TIGAR, KORMORAN, RIKEN, TAURUS, SIAMTYRE, and WARRIOR brand names.

More notable recent Compagnie Générale des Établissements Michelin (OTCMKTS:MGDDF) news were published by: Seekingalpha.com which released: “Michelin: A Dominant French Company Trading At An Attractive Price – Seeking Alpha” on June 03, 2018, also Seekingalpha.com with their article: “Michelin Is Now An Attractive Investment – Seeking Alpha” published on August 16, 2018, Seekingalpha.com published: “Michelin’s H1 2015 Free Cash Flow Was Satisfying – Seeking Alpha” on September 09, 2015. More interesting news about Compagnie Générale des Établissements Michelin (OTCMKTS:MGDDF) were released by: Seekingalpha.com and their article: “Michelin Cie Des EstbB 2017 Q4 – Results – Earnings Call Slides – Seeking Alpha” published on February 12, 2018 as well as Seekingalpha.com‘s news article titled: “Michelin Is A Solid Blue Chip – Seeking Alpha” with publication date: March 25, 2015.

Among 5 analysts covering Realty Income (NYSE:O), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Realty Income has $70 highest and $60 lowest target. $66.67’s average target is -6.41% below currents $71.24 stock price. Realty Income had 7 analyst reports since October 1, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, February 21 by Stifel Nicolaus. On Tuesday, November 6 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The stock of Realty Income Corporation (NYSE:O) earned “Equal-Weight” rating by Morgan Stanley on Monday, October 1. The firm has “Hold” rating given on Tuesday, February 26 by Citigroup. The rating was upgraded by Citigroup to “Neutral” on Wednesday, December 12. The rating was upgraded by Bank of America to “Buy” on Thursday, November 15.

More notable recent Realty Income Corporation (NYSE:O) news were published by: Seekingalpha.com which released: “Realty Income declares $0.226 dividend – Seeking Alpha” on March 13, 2019, also Seekingalpha.com with their article: “Realty Income Is A Strong ‘Bye’ – Seeking Alpha” published on February 17, 2019, Prnewswire.com published: “101st Common Stock Monthly Dividend Increase Declared By Realty Income – PRNewswire” on March 13, 2019. More interesting news about Realty Income Corporation (NYSE:O) were released by: Fool.com and their article: “2 Great Stocks for Your IRA – The Motley Fool” published on February 18, 2019 as well as Seekingalpha.com‘s news article titled: “Realty Income 2019 FFO guidance on the light side – Seeking Alpha” with publication date: February 20, 2019.

Analysts await Realty Income Corporation (NYSE:O) to report earnings on May, 14. They expect $0.81 earnings per share, up 2.53% or $0.02 from last year’s $0.79 per share. O’s profit will be $246.38 million for 21.99 P/E if the $0.81 EPS becomes a reality. After $0.79 actual earnings per share reported by Realty Income Corporation for the previous quarter, Wall Street now forecasts 2.53% EPS growth.

Realty Income Corporation is a publicly traded real estate investment trust. The company has market cap of $21.67 billion. It invests in the real estate markets of the United States. It has a 56.72 P/E ratio. The firm makes investments in commercial real estate.

Realty Income Corporation (NYSE:O) Institutional Positions Chart