National Retail Properties with ticker code (NNN) now have 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 54 and 46 with a mean TP of 49.85. Now with the previous closing price of 44.98 this would indicate that there is a potential upside of 10.8%. The 50 day MA is 46.46 and the 200 day moving average is 44.62. The company has a market capitalisation of $8,080m. Company Website: https://www.nnnreit.com
The potential market cap would be $8,955m based on the market concensus.
National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of September 30, 2020, the company owned 3,114 properties in 48 states with a gross leasable area of approximately 32.4 million square feet and with a weighted average remaining lease term of 10.7 years.
