Spirit Realty Capital found using ticker (SRC) have now 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 47 calculating the mean target price we have 51.86. Given that the stocks previous close was at 40.6 this would imply there is a potential upside of 27.7%. There is a 50 day moving average of 45.08 and the 200 day MA is 47.36. The company has a market capitalisation of $5,644m. You can visit the company’s website by visiting: https://www.spiritrealty.com
The potential market cap would be $7,209m 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.
