Zacks Investment Research downgraded Vereit Inc (NYSE:VER) to Sell in a report released today.
- Updated: October 19, 2016
Zacks Investment Research has downgraded Vereit Inc (NYSE:VER) to Sell in a report released on 10/18/2016.
Previously on Friday October 14, 2016, Mizuho Securities reported on Vereit Inc (NYSE:VER) increased the target price from $0.00 to $9.50. At the time, this indicated a possible downside of -0.02%.
Yesterday Vereit Inc (NYSE:VER) traded 0.00% even at $9.52. The company’s 50-day moving average is $10.06 and its 200-day moving average is $9.91. The last closing price is down -1.59% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 3,050,957 shares of VER exchanged hands, down from an avg. volume of 9,338,640
With a total market value of $0, Vereit Inc has with a one year low of $6.68 and a one year high of $11.09 .
A total of 6 equity analysts have issued a report on the company. zero analysts rating the company a strong buy, one brokerage rating the stock a buy, 8 brokerages rating the stock a hold, zero equity analysts rating the company a underperform, and finally zero firms rating the stock a sell with a consensus target price of $9.21.
General Information About Vereit Inc (NYSE:VER)
VEREIT, Inc. is a full-service real estate operating company. The Company owns and manages a diversified portfolio of retail, restaurant, office and industrial real estate assets, including 4,291 properties totaling approximately 98.7 million square feet. In addition, the Company manages real estate investments on behalf of the Cole Capital.
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