In a report issued on February 9, Wes Golladay from Robert W. Baird maintained a Hold rating on National Retail Properties (NNN – Research Report), with a price target of $48.00. The company’s shares closed last Friday at $42.60, close to its 52-week low of $41.35.
According to TipRanks.com, Golladay is a 4-star analyst with an average return of 8.4% and a 63.1% success rate. Golladay covers the Financial sector, focusing on stocks such as Mid-America Apartment, Four Corners Property, and Spirit Realty Capital.
National Retail Properties has an analyst consensus of Moderate Buy, with a price target consensus of $49.14, which is a 15.8% upside from current levels. In a report issued on February 9, RBC Capital also maintained a Hold rating on the stock with a $47.00 price target.
National Retail Properties’ market cap is currently $7.48B and has a P/E ratio of 28.25.
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National Retail Properties, Inc. is a real estate investment trust, which engages in investing in properties subject to long-term net leases. It acquires, owns, invests in, and develops properties that are leased to retail tenants under long-term net leases and held for investment. The company was founded on August 8, 1984 and is headquartered in Orlando, FL.
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