Spirit Realty Capital with ticker code (SRC) have now 16 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 58 and 40 calculating the mean target price we have 48.14. Given that the stocks previous close was at 44.73 this would indicate that there is a potential upside of 7.6%. The 50 day MA is 40.81 and the 200 moving average now moves to 44.67. The market cap for the company is $6,123m. You can visit the company’s website by visiting: https://www.spiritrealty.com
The potential market cap would be $6,590m 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.
