Spirit Realty Capital with ticker code (SRC) have now 15 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 49 with a mean TP of 53.17. Given that the stocks previous close was at 45.58 this now indicates there is a potential upside of 16.7%. The day 50 moving average is 47.02 and the 200 day MA is 48.24. The company has a market cap of $5,869m. You can visit the company’s website by visiting: https://www.spiritrealty.com
The potential market cap would be $6,846m 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.