National Retail Properties – Consensus Indicates Potential 12.3% Upside

Broker Ratings
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National Retail Properties with ticker code (NNN) have now 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 53 and 45 with the average target price sitting at 48.75. Given that the stocks previous close was at 43.41 this would imply there is a potential upside of 12.3%. The 50 day moving average now sits at 44.56 while the 200 day moving average is 45.23. The company has a market cap of $7,554m. Visit the company website at: https://www.nnnreit.com

The potential market cap would be $8,483m 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.

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