Spirit Realty Capital (SRC) Receives Price Target

Spirit Realty Capital (SRC) : The highest level Spirit Realty Capital (SRC) is projected to reach is $16 for the short term and the lowest estimate is at $11. The consolidated price target from 10 rating analysts who initiate coverage on the stock is $13.93 and the possibility the share price can swing is $1.29.

Spirit Realty Capital (SRC) : Zacks Investment Research ranks Spirit Realty Capital (SRC) 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. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 2.09, which indicates as a Buy.


Also, BTIG Research initiates coverage on Spirit Realty Capital (NYSE:SRC). BTIG Research has a Buy rating on the shares. As per the latest report, the brokerage house announces the price target to $15 per share. The rating by the firm was issued on August 25, 2016.

Spirit Realty Capital (NYSE:SRC): The stock opened at $13.23 on Thursday but the bulls could not build on the opening and the stock topped out at $13.31 for the day. The stock traded down to $13.12 during the day, due to lack of any buying support eventually closed down at $13.23 with a loss of -0.15% for the day. The stock had closed at $13.25 on the previous day. The total traded volume was 3,131,070 shares.

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