FBR & Co recorded Global Net Lease Inc (NYSE:GNL), raising its target price to $8.15 today
- Updated: October 15, 2016
In a report released on 10/12/2016 FBR & Co increased the stock price target of Global Net Lease Inc (NYSE:GNL) to $8.15 reporting a possible upside of 0.07%.
Yesterday Global Net Lease Inc (NYSE:GNL) traded 0.00% even at $7.62. The company’s 50-day moving average is $8.06 and its 200-day moving average is $8.35. The last closing price is down -8.33% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 332,788 shares of the stock traded hands, down from an average trading volume of 621,305
See Chart Below
Global Net Lease Inc has a 52 week low of $5.77 and a 52 week high of $9.29 with a P/E ratio of 32.97 The company’s market cap is currently $0.
General Information About Global Net Lease Inc (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.