Spirit Realty Capital with ticker code (SRC) now have 16 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 58 and 40 calculating the mean target price we have 49.98. With the stocks previous close at 39.74 this would imply there is a potential upside of 25.8%. The day 50 moving average is 40.43 and the 200 day MA is 45.39. The market capitalisation for the company is $5,339m. You can visit the company’s website by visiting: https://www.spiritrealty.com
The potential market cap would be $6,714m 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.
