Spirit Realty Capital (SRC) Receives ‘Analyst’ Rating

Spirit Realty Capital (SRC) : Zacks Investment Research ranks Spirit Realty Capital (SRC) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 1.88, which indicates as a Buy.

Spirit Realty Capital (SRC) : The highest short term price target forecast on Spirit Realty Capital (SRC) is $16 and the lowest target price is $13. A total of 11 equity analysts are currently covering the company. The average price of all the analysts is $14.34 with a standard deviation of $0.78.


Also, Morgan Stanley upgrades their rating on the shares of Spirit Realty Capital (NYSE:SRC). The current rating of the shares is Overweight. Earlier, the shares were rated a Equal-weight by the brokerage firm. Equity Analysts at the Firm raises the price target to $15 per share from $11 per share. The rating by the firm was issued on September 7, 2016.

Spirit Realty Capital (NYSE:SRC): The stock was completely flat for the day, closing at $13.04 on Thursday. The flat closing masks the intraday volatility in the stock. After opening at $13.03, the stock touched an intraday high of $13.11 and a low of $12.96. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $13.04. The total trading volume on Thursday was 5,105,079.

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