National Retail Properties with ticker code (NNN) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 53 and 45 and has a mean target at 48.67. With the stocks previous close at 43.14 this is indicating there is a potential upside of 12.8%. There is a 50 day moving average of 44.56 and the 200 moving average now moves to 44.96. The market cap for the company is $7,441m. Visit the company website at: https://www.nnnreit.com
The potential market cap would be $8,395m 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.
