National Retail Properties (NNN) : The highest short term price target forecast on National Retail Properties (NNN) is $59 and the lowest target price is $43. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $52.85 with a standard deviation of $4.61.
National Retail Properties (NNN) : Zacks Investment Research ranks National Retail Properties (NNN) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 2.43, which indicates as a Buy.
Also, BTIG Research initiates coverage on National Retail Properties (NYSE:NNN).The analysts at the brokerage house have a current rating of Neutral on the shares. The rating by the firm was issued on August 25, 2016.
National Retail Properties (NYSE:NNN): The stock opened at $50.00 on Thursday but the bulls could not build on the opening and the stock topped out at $50.35 for the day. The stock traded down to $49.74 during the day, due to lack of any buying support eventually closed down at $49.92 with a loss of -0.36% for the day. The stock had closed at $50.10 on the previous day. The total traded volume was 743,524 shares.
National Retail Properties, Inc. is a real estate investment trust (REIT). The Company acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are held for investment. As of December 31, 2014, the Company owned 2,054 Properties with a gross leasable area of approximately 22,479,000 square feet, located in 47 states. Approximately 99% of the properties were leased as of December 31, 2014. The Companys portfolio include convenience stores, restaurants, automotive service, restaurants-limited service, theaters, family entertainment centers, automotive parts and banks, among others. It has operations in Texas, Florida, North Carolina, Illinois, Georgia, Indiana and California, among others. As of December 31, 2014, The Company owned 29 vacant, un-leased Properties, which accounted for approximately 1% of total Properties.