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 56 and 47 calculating the average target price we see 49.83. Now with the previous closing price of 43.17 this would imply there is a potential upside of 15.4%. The 50 day moving average now sits at 45.32 and the 200 day moving average is 46.34. The company has a market capitalisation of $7,612m. Company Website: https://www.nnnreit.com
The potential market cap would be $8,786m 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.
