National Retail Properties with ticker code (NNN) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 54 and 46 with a mean TP of 49.85. Now with the previous closing price of 45.53 this indicates there is a potential upside of 9.5%. The 50 day MA is 46.58 while the 200 day moving average is 44.5. The company has a market capitalisation of $8,276m. You can visit the company’s website by visiting: https://www.nnnreit.com
The potential market cap would be $9,062m 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.
