Spirit Realty Capital with ticker code (SRC) now have 16 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 58 and 40 with a mean TP of 48.14. Given that the stocks previous close was at 43.84 this would indicate that there is a potential upside of 9.8%. The 50 day moving average now sits at 40.76 and the 200 day moving average is 44.69. The company has a market capitalisation of $6,099m. You can visit the company’s website by visiting: https://www.spiritrealty.com
The potential market cap would be $6,697m 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.
