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NNN REIT Inc has a consensus price target of $47 based on the ratings of 15 analysts. The high is $52 issued by Jefferies on January 3, 2023. The low is $42 issued by Wells Fargo on May 30, 2024. The 3 most-recent analyst ratings were released by Raymond James, B. Riley Securities, and RBC Capital on August 21, 2024, August 7, 2024, and August 2, 2024, respectively. With an average price target of $47.67 between Raymond James, B. Riley Securities, and RBC Capital, there's an implied -0.26% downside for NNN REIT Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for NNN REIT (NYSE:NNN) was reported by Raymond James on August 21, 2024. The analyst firm set a price target for $48.00 expecting NNN to rise to within 12 months (a possible 0.44% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for NNN REIT (NYSE:NNN) was provided by Raymond James, and NNN REIT maintained their outperform rating.
The last upgrade for NNN REIT Inc happened on June 28, 2023 when Janney Montgomery Scott raised their price target to N/A. Janney Montgomery Scott previously had a neutral for NNN REIT Inc.
The last downgrade for NNN REIT Inc happened on January 9, 2023 when Raymond James changed their price target from $48 to $50 for NNN REIT Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of NNN REIT, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for NNN REIT was filed on August 21, 2024 so you should expect the next rating to be made available sometime around August 21, 2025.
While ratings are subjective and will change, the latest NNN REIT (NNN) rating was a maintained with a price target of $47.00 to $48.00. The current price NNN REIT (NNN) is trading at is $47.79, which is within the analyst’s predicted range.
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