VEREIT – Consensus Indicates Potential 8.1% Upside

Broker Ratings

VEREIT found using ticker (VER) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 53 and 44 and has a mean target at 48.89. Now with the previous closing price of 45.23 this now indicates there is a potential upside of 8.1%. The day 50 moving average is 48.6 while the 200 day moving average is 46.27. The company has a market capitalisation of $10,550m. Visit the company website 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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