Brokerage Firm Rating Update on Spirit Realty Capital (SRC)

Spirit Realty Capital (SRC) : Zacks Investment Research ranks Spirit Realty Capital (SRC) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 2.09, which indicates as a Buy.

Spirit Realty Capital (SRC) : The most positive equity analysts on Spirit Realty Capital (SRC) expects the shares to touch $16, whereas, the least positive believes that the stock will trade at $11 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $13.93 with an expected fluctuation of $1.29 from the mean.


For the current week, the company shares have a recommendation consensus of Buy. Also, BTIG Research initiates coverage on Spirit Realty Capital (NYSE:SRC). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm announces the price target at $15 per share. The rating by the firm was issued on August 25, 2016.

Spirit Realty Capital (NYSE:SRC): The stock opened at $13.85 and touched an intraday high of $13.95 on Wednesday. During the day, the stock corrected to an intraday low of $13.635, however, the bulls stepped in and pushed the price higher to close in the green at $13.88 with a gain of 2.13% for the day. The total traded volume for the day was 8,742,005. The stock had closed at $13.59 in the previous trading session.

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