National Retail Properties with ticker code (NNN) have now 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 56 and 47 with a mean TP of 51.42. With the stocks previous close at 44.23 this now indicates there is a potential upside of 16.3%. There is a 50 day moving average of 45.78 and the 200 day moving average is 46.54. The market cap for the company is $7,669m. Visit the company website at: https://www.nnnreit.com
The potential market cap would be $8,916m 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.
