A statement released earlier today by FBR & Co. about Global Net Lease (NYSE:GNL) bumps the target price to $8.15
- Updated: October 11, 2016
FBR & Co. bumped up the target of Global Net Lease (NYSE:GNL) to $8.15 stating a potential upside of 0.08%.
Showing a price of $7.56, Global Net Lease (NYSE:GNL) traded -2.58% lower on the day. With the last closing price down -9.57% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Global Net Lease has recorded a 50-day average of $8.13 and a 200-day moving average of $8.36. 548,783 shares of GNL traded hands, down from an average trading volume of 653,265
Recent Performance Chart
Global Net Lease has 52 week low of $5.77 and a 52 week high of $9.29 with a PE ratio of 32.59 and has a market capitalization of $0.
Brief Synopsis On Global Net Lease (NYSE:GNL)
Global Net Lease, Inc. is a real estate investment trust that focuses on acquiring and managing a portfolio of strategically located commercial real estate properties. The Company's business consists of owning, managing, operating, leasing, acquiring, investing in and disposing of real estate assets. The Company focuses its investments on commercial and retail properties, including special use single tenant properties. The Company owns approximately 330 net-leased commercial properties consisting of over 18.7 million rentable square feet. The Company has approximately 270 properties located in the United States and Puerto Rico, over 40 properties located in the United Kingdom and approximately 20 properties located across continental Europe. Its portfolio of real estate properties includes McDonald's, Wickes Building Supplies I, Thames Water, Northern Rock, Con-way Freight, Western Digital, GE Aviation, DFS Trading, Talk Talk, GSA IV, Nissan, Select Energy Services I and Lhoist.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.