Global Net Lease with ticker code (GNL) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 24 and 21 calculating the average target price we see 22.5. With the stocks previous close at 15.08 this indicates there is a potential upside of 49.2%. The 50 day moving average now sits at 15.17 and the 200 moving average now moves to 17.28. The company has a market capitalisation of $1,535m. Company Website: https://www.globalnetlease.com
The potential market cap would be $2,291m 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.