Global Net Lease with ticker code (GNL) have now 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 20 and 16 and has a mean target at 18.33. Given that the stocks previous close was at 14.39 this now indicates there is a potential upside of 27.4%. The day 50 moving average is 14.01 and the 200 day MA is 14.92. The market capitalisation for the company is $1,511m. Company Website: https://www.globalnetlease.com
The potential market cap would be $1,924m based on the market concensus.
Global Net Lease (NYSE: GNL) is a publicly traded real estate investment trust listed on the NYSE focused on acquiring a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across the United States, Western and Northern Europe.