National Retail Properties (NNN) has been under a strong bear grip, hence the stock is down -5.22% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.2% in the past 1 week. The 4-week change in the price of the stock is -5.42% and the stock has fallen -0.46% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.2% and the fifty day Moving Average is 0.85%. National Retail Properties, Inc. is up 13.25% in the last three month period. Year-to-Date the stock performance stands at 29.22%.
National Retail Properties (NNN) : Average target price received by National Retail Properties (NNN) is $52.85 with an expected standard deviation of $4.61. The most aggressive target on the stock is $59, whereas the most downbeat target is $43. 10 financial analysts are currently covering the stock.
National Retail Properties (NYSE:NNN): On Fridays trading session , Opening price of the stock was $51.06 with an intraday high of $51.54. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $50.17. However, the stock managed to close at $50.28, a loss of 1.14% for the day. On the previous day, the stock had closed at $50.86. The total traded volume of the day was 1,266,046 shares.
National Retail Properties, Inc. is a real estate investment trust (REIT). The Company acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are held for investment. As of December 31, 2014, the Company owned 2,054 Properties with a gross leasable area of approximately 22,479,000 square feet, located in 47 states. Approximately 99% of the properties were leased as of December 31, 2014. The Companys portfolio include convenience stores, restaurants, automotive service, restaurants-limited service, theaters, family entertainment centers, automotive parts and banks, among others. It has operations in Texas, Florida, North Carolina, Illinois, Georgia, Indiana and California, among others. As of December 31, 2014, The Company owned 29 vacant, un-leased Properties, which accounted for approximately 1% of total Properties.