National Retail Properties found using ticker (NNN) have now 13 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 54 and 45 calculating the average target price we see 49.54. With the stocks previous close at 46.7 this would indicate that there is a potential upside of 6.1%. The day 50 moving average is 46.58 and the 200 day moving average is 44.46. The market capitalisation for the company is $8,487m. Company Website: https://www.nnnreit.com
The potential market cap would be $9,003m 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.
