Spirit Realty Capital (NYSE:SRC) target price raised to $14.50, reported today by Mizuho Securities
- Updated: October 13, 2016
Spirit Realty Capital (NYSE:SRC) had its target bumped up to $14.50 by Mizuho Securities in an issued report announced 10/14/2016. The new stock price target indicates a potential upside of 0.15% based on the company's most recent close.
Boasting a price of $12.62, Spirit Realty Capital (NYSE:SRC) traded 2.19% higher on the day. With the last close up 1.57% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Spirit Realty Capital has recorded a 50-day average of $13.10 and a two hundred day average of $12.43. Volume of trade was up over the average, with 6,130,944 shares of SRC changing hands over the typical 4,953,200
With a total market value of $0, Spirit Realty Capital has price-earnings ratio of 56.34 with a one year low of $8.90 and a one year high of $13.97 .
A total of 13 brokers have issued a research note on the company. 2 analysts rating the company a strong buy, three equity analysts rating the company a buy, 8 brokerages rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 equity analysts rating the company a sell with a one year target of $11.88.
Brief Synopsis About Spirit Realty Capital (NYSE:SRC)
Spirit Realty Capital, Inc is a publicly traded real estate investment trust. The firm primarily acquires across the United States single tenant operationally essential real estate, which refers to generally free-standing, commercial real estate facilities where tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits. The firm was formerly known as Spirit Finance Corp. Spirit Realty Capital, Inc was formed on August 14, 2003 and is domiciled in the United States.
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