In a report released yesterday, Brad Heffern from RBC Capital maintained a Hold rating on National Retail Properties (NNN – Research Report), with a price target of $46.00. The company’s shares closed yesterday at $43.18.
According to TipRanks, Heffern is ranked #449 out of 8319 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for National Retail Properties with a $49.00 average price target.
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Based on National Retail Properties’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $198.52 million and a net profit of $90.66 million. In comparison, last year the company earned a revenue of $187.26 million and had a net profit of $77.57 million
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National Retail Properties, Inc. is a real estate investment trust, which engages in investing in properties subject to long-term net leases. It acquires, owns, invests in, and develops properties that are leased to retail tenants under long-term net leases and held for investment. The company was founded on August 8, 1984 and is headquartered in Orlando, FL.
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