FBR & Co disclosed National Retail Properties, Inc. (NYSE:NNN), hiking its price target to $56.00 earlier today
- Updated: October 15, 2016
Yesterday National Retail Properties, Inc. (NYSE:NNN) traded -0.53% lower at $46.97. The company’s 50-day moving average is $49.50 and its 200-day moving average is $48.60. The last stock close price is down -3.05% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 849,051 shares of the stock were exchanged, down from an average trading volume of 948,438
Stating a potential upside of 0.19%, FBR & Co bumped up the target of National Retail Properties, Inc. (NYSE:NNN) to $56.00
Previously on 9/26/2016, UBS Securities reported about National Retail Properties, Inc. (NYSE:NNN) raised the target price from $0.00 to $35.00. At the time, this indicated a possible downside of -0.32%.
See Chart Below
National Retail Properties, Inc. has a 52 week low of $35.67 and a 52 week high of $53.60 with a P/E ratio of 35.86 The company’s market cap is currently $0.
About National Retail Properties, Inc. (NYSE:NNN)
National Retail Properties, Inc. is a real estate investment trust (REIT). The Company acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are held for investment. The Company owns over 2,050 Properties with a gross leasable area of approximately 24,964,000 square feet, located in approximately 50 states. The Company's portfolio includes convenience stores; automotive service; family entertainment centers; theaters; automotive parts; health and fitness; recreational vehicle dealers, parts and accessories, and banks. The Company has operations in Texas, Florida, Ohio, North Carolina, Illinois, Georgia, Virginia, Indiana and Alabama, among others. The Company owns approximately 20 vacant, un-leased Properties.
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