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 24 and 16 with a mean TP of 19.67. With the stocks previous close at 14.59 this now indicates there is a potential upside of 34.8%. The 50 day moving average now sits at 14.61 and the 200 day moving average is 16.48. The company has a market capitalisation of $1,589m. Company Website: https://www.globalnetlease.com
The potential market cap would be $2,142m 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.