Global Net Lease with ticker code (GNL) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 19 and 16 and has a mean target at 18. Now with the previous closing price of 11.29 this indicates there is a potential upside of 59.4%. There is a 50 day moving average of 14.11 and the 200 moving average now moves to 14.43. The market cap for the company is $1,164m. Visit the company website at: https://www.globalnetlease.com
The potential market cap would be $1,856m 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.