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National Retail Property (NYSE:NNN – Get Rating) In a report released on Friday, Oppenheimer analysts raised their price target to $54.00 from $49.00, reports The Fly. Oppenheimer’s price target shows he could be up 14.14% from the stock’s previous close.
Several other research analysts have also recently commented on the stock. B. Riley said in a research note on Thursday, Nov. 3, that National Retail lowered its target price for shares of his property from $54.00 to his $49.00. Raymond James said in a report on Monday, Jan. 9, National Retail downgraded his property’s stock from a ‘strong buy’ rating to an ‘outperform’ rating and raised his price target for the company from $48.00 to $48.00. raised to $50.00. StockNews.com downgraded National Retail Properties shares from a ‘buy’ rating to a ‘hold’ rating in a report on Thursday. Morgan Stanley raised its price target for National Retail Properties from $45.00 for her to $46.00 for his, in a report Wednesday, Nov. 2, giving the company an “equal-weighted” rating. Finally, in a report on Monday, January 2, Jefferies Financial Group upgraded National Retail Property’s stock from a ‘hold’ rating to a ‘buy’ rating and raised the company’s price target from $42.00 to $52.00. I was. Two of Research’s analysts rated the stock with a Hold rating, and four issued a Buy rating to the company. According to MarketBeat.com, the company’s current average rating is “moderate buy” with an average target price of $49.56.
0.3% increase in inventory at commercial facilities nationwide
NYSE NNN shares opened Friday at $47.31. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt to equity ratio of 0.95. National Retail Properties has a 52-week low of $38.05 and a 52-week high of $48.76. The company has a 50-day moving average of $46.25 and a 200-day moving average of $44.68. The company has a market capitalization of $8.46 billion, a price/earnings ratio of 27.03, a PEG ratio of 3.82 and a beta of 0.87.
Hedge funds focus heavily on retail facilities across the country
Many institutional investors and hedge funds have recently changed positions in the business. Cetera Advisors LLC increased his stake in National Retail Properties shares by 3.2% in the second quarter. He now owns 6,846 shares in real estate investment trusts worth $294,000 after Cetera Advisors LLC purchased an additional 213 shares from him last quarter. Brown Brothers Harriman & Co. increased its stake in National Retail Properties shares by 2.1% in the second quarter. Brown Brothers Harriman & Co. now owns 10,620 real estate investment trust shares worth $457,000 after purchasing an additional 220 shares last quarter. Crossmark Global Holdings Inc. increased its stake in National Retail Properties shares by 1.5% in the second quarter. Crossmark Global Holdings Inc. now owns 16,820 real estate investment trust shares worth $723,000 after purchasing an additional 250 shares last quarter. Romano Brothers AND Company increased its position in national retail establishments by 2.7% in the fourth quarter. Romano Brothers AND Company now owns 9,475 real estate investment trust shares valued at $434,000 after purchasing an additional 250 shares last quarter. Finally, Van ECK Associates Corp increased its stake in National Retail Properties by 1.6% in the second quarter. Van ECK Associates Corp owns 17,048 shares of real estate investment trust valued at $733,000 after purchasing an additional 262 shares last quarter. Institutional investors own 87.64% of the company’s shares.
National Retail Properties Company Profile
(get rating)
National Retail Properties, Inc is a real estate investment trust that invests in properties that are subject to long-term net leases. Acquires, owns, invests in and develops properties leased to retail tenants on long-term net leases and held for investment purposes. The company was founded on August 8, 1984 and is headquartered in Orlando, Florida.
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