Global Net Lease with 14.05% dividend yield – Consensus ‘Hold’ Rating and 44.2% Potential Upside

Broker Ratings
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Global Net Lease which can be found using ticker (GNL) have now 4 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 19 and 13 calculating the average target price we see $16.25. Given that the stocks previous close was at $11.27 and the analysts are correct then there would likely be a percentage uptick in value of 44.2%. There is a 50 day moving average of $12.93 and the 200 day moving average is $13.21. The total market capitalization for the company now stands at $1,166m. Find out more information at: https://www.globalnetlease.com

The potential market cap would be $1,682m based on the market consensus.

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.

The company has a dividend yield of 14.05% with the ex dividend date set at 12-4-2023 (DMY).

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