STORE Capital Corporation (STOR) stock is expected to deviate a maximum of $4.33 from the average target price of $31.23 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $35 and the most muted being $23.
STORE Capital Corporation (STOR) : 8 brokerage houses believe that STORE Capital Corporation (STOR) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on STORE Capital Corporation (STOR). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 13 Wall Street Analysts endorse the stock as a Buy with a rating of 1.58.
Also, BTIG Research initiates coverage on STORE Capital Corporation (NYSE:STOR). In the latest research report, BTIG Research announces the target price to $35 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on August 25, 2016.
STORE Capital Corporation (NYSE:STOR): The stock opened at $29.66 on Thursday but the bulls could not build on the opening and the stock topped out at $29.89 for the day. The stock traded down to $29.40 during the day, due to lack of any buying support eventually closed down at $29.45 with a loss of -0.61% for the day. The stock had closed at $29.63 on the previous day. The total traded volume was 1,205,712 shares.
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.