In a report released on May 14, Anthony Hau from Truist Financial maintained a Hold rating on Global Net Lease (GNL – Research Report), with a price target of $8.00. The company’s shares closed yesterday at $7.70.
According to TipRanks, Hau is a 2-star analyst with an average return of 1.4% and a 54.24% success rate. Hau covers the Real Estate sector, focusing on stocks such as DigitalBridge Group, Sun Communities, and Whitestone REIT.
In addition to Truist Financial, Global Net Lease also received a Hold from JMP Securities’s Mitchell Germain in a report issued on May 9. However, on May 14, B.Riley Financial maintained a Buy rating on Global Net Lease (NYSE: GNL).
The company has a one-year high of $10.32 and a one-year low of $6.52. Currently, Global Net Lease has an average volume of 1.63M.
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Global Net Lease (GNL) Company Description:
Global Net Lease, Inc. operates as a real estate investment trust. It engages in the acquisition and management of a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across U.S., Western and Northern Europe. The company was founded on July 13, 2011 and is headquartered in New York, NY.
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