Spirit Realty Capital found using ticker (SRC) have now 16 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 58 and 40 and has a mean target at 48.73. Given that the stocks previous close was at 42.16 this indicates there is a potential upside of 15.6%. The 50 day MA is 40.17 while the 200 day moving average is 45.06. The market cap for the company is $5,750m. Company Website: https://www.spiritrealty.com
The potential market cap would be $6,646m based on the market concensus.
Spirit Realty Capital (NYSE: SRC) is a premier net-lease REIT that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term leases. As of September 30, 2020, our diverse portfolio of 1,778 owned properties, with an aggregate leasable area of 37.2 million square feet in 48 states, included retail, industrial and office buildings leased to 296 tenants across 28 retail industries.
