VEREIT – Consensus Indicates Potential 1.8% Upside

Broker Ratings

VEREIT found using ticker (VER) have now 7 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 53 and 44 with a mean TP of 48.89. Now with the previous closing price of 48.02 this now indicates there is a potential upside of 1.8%. There is a 50 day moving average of 49.42 and the 200 moving average now moves to 45.71. The company has a market cap of $10,869m. Find out more information at: http://www.vereit.com

VEREIT is a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S. The Company has total real estate investments of $14.6 billion including approximately 3,800 properties and 88.9 million square feet. VEREIT’s business model provides equity capital to creditworthy corporations in return for long-term leases on their properties. VEREIT is a publicly traded Maryland corporation listed on the New York Stock Exchange. VEREIT uses, and intends to continue to use, its Investor Relations website, which can be found at www.VEREIT.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.

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