In a report released on January 19, Brad Heffern from RBC Capital maintained a Hold rating on Spirit Realty Capital (SRC – Research Report), with a price target of $42.00. The company’s shares closed yesterday at $41.30.
According to TipRanks, Heffern is ranked #368 out of 8237 analysts.
Currently, the analyst consensus on Spirit Realty Capital is a Moderate Buy with an average price target of $44.00, representing a 6.54% upside. In a report released on January 17, Mizuho Securities also maintained a Hold rating on the stock with a $43.00 price target.
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The company has a one-year high of $45.84 and a one-year low of $33.74. Currently, Spirit Realty Capital has an average volume of 706.5K.
Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SRC in relation to earlier this year.
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Spirit Realty Capital, Inc. engages as a holding company and real estate investment fund. Its in-house capabilities include acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting, and capital markets. The company was founded on August 14, 2003 and is headquartered in Dallas, TX.
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