STORE Capital Corporation (NYSE:STOR) has an average broker rating of 1.73, which is interpreted as a Buy, as rated by 13 equity analysts. Nonetheless, 7 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
STORE Capital Corporation (NYSE:STOR) : 11 investment research analysts covering STORE Capital Corporation (NYSE:STOR) have an average price target of $27.36 for the near short term. The highest target price given by the Brokerage Firm to the stock is $30 and the lowest target is $23 for the short term. Analysts expect the variance to be within $2.67 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Also, Janney Capital initiates coverage on STORE Capital Corporation (NYSE:STOR). The current rating of the shares is Buy, according to the research report released by the firm. The rating by the firm was issued on April 12, 2016.
STORE Capital Corporation (NYSE:STOR): stock turned positive on Tuesday. Though the stock opened at $27.85, the bulls momentum made the stock top out at $28.3 level for the day. The stock recorded a low of $27.643 and closed the trading day at $28.28, in the green by 2.54%. The total traded volume for the day was 2,158,736. The stock had closed at $27.58 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Store Capital Corp, Donovan Joseph M had purchased shares worth of $203,500 in a transaction dated on August 25, 2015. A total of 10,000 shares were purchased at a price of $20.35 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Store Capital Corporation is an internally managed net-lease real estate investment trust (REIT). The Company is engaged in the acquisition, investment and management of single tenant operational real estate (STORE properties). As of December 31, 2014, the Company owns a portfolio consisting of investments in 947 property locations operated by 226 customers across 46 states. Its customers operate across a variety of industries within the service, retail and industrial sectors of the United States economy, with restaurants, early childhood education centers, health clubs, movie theaters and sporting goods stores representing the industries in its portfolio. The Company offers real estate financing solutions principally to middle market and businesses that own STORE Properties and operate within the broad-based service, retail and industrial sectors of the United States economy.