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Investment analysts at Ladenburg Thalmann started coverage on shares of Spirit Realty Capital (NYSE:SRC) in a note issued to investors on Wednesday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating and a $10.00 price target on the stock. Ladenburg Thalmann’s price objective would indicate a potential downside of 8.93% from the company’s current price. The analysts noted that the move was a valuation call.

Shares of Spirit Realty Capital (NYSE:SRC) remained flat at $10.98 during trading on Wednesday. The stock had a trading volume of 1,147,376 shares. Spirit Realty Capital has a 52 week low of $8.24 and a 52 week high of $12.1063. The stock’s 50-day moving average is $10.56 and its 200-day moving average is $9.79. The company’s market cap is $4.066 billion.

Several other analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of Spirit Realty Capital from an “outperform” rating to a “neutral” rating in a research note on Tuesday, February 4th. They now have a $11.80 price target on the stock. Separately, analysts at Deutsche Bank initiated coverage on shares of Spirit Realty Capital in a research note on Thursday, January 9th. They set a “buy” rating and a $11.00 price target on the stock. Finally, analysts at Capital One Financial Corp. initiated coverage on shares of Spirit Realty Capital in a research note on Thursday, December 5th. They set a “neutral” rating and a $10.50 price target on the stock. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Spirit Realty Capital has a consensus rating of “Buy” and an average target price of $12.54.

Spirit Realty Capital, Inc is a self-administered and self-managed real estate investment trust (NYSE:SRC).

The Fly On The Wall

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