Will 2018 Be Realty Income Corporation's Best Year Yet?
Net-lease real estate investment trust Realty Income (NYSE: O) is a favorite among income investors, with monthly dividends that grow steadily over time. However, the stock hasn't done particularly well in 2017. In fact, as of mid-November, Realty Income has declined by 1.6% so far this year and is barely in the black even when factoring in dividends. In contrast, the overall stock market has had a great year so far, with the S&P 500 up by nearly 15%.
Here's why Realty Income hasn't done too well this year, and whether 2018 could be a stronger year for the popular REIT and its investors.
Source: Fool.com
Realty Income Corp Stock
We see a rather positive sentiment for Realty Income Corp with 12 Buy predictions and 2 Sell predictions.
With a target price of 59 € there is a slightly positive potential of 14.92% for Realty Income Corp compared to the current price of 51.34 €.