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 55 and 45 and has a mean target at 49.08. Now with the previous closing price of 47.49 this now indicates there is a potential upside of 3.3%. There is a 50 day moving average of 44.85 while the 200 day moving average is 44.79. The market capitalisation for the company is $8,374m. Company Website: https://www.nnnreit.com
The potential market cap would be $8,654m 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.
