Spirit Realty Capital, Inc (New) Upgraded to “Buy” at Ladenburg Thalmann (SRC)
Spirit Realty Capital, Inc (New) (NYSE:SRC) was upgraded by stock analysts at Ladenburg Thalmann from a “neutral” rating to a “buy” rating in a report issued on Thursday, TheFlyOnTheWall.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank raised their price target on shares of Spirit Realty Capital, Inc (New) from $12.00 to $12.50 in a research note on Friday, May 9th. Separately, analysts at Morgan Stanley downgraded shares of Spirit Realty Capital, Inc (New) from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, April 8th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $11.07.
Shares of Spirit Realty Capital, Inc (NYSE:SRC) opened at 10.69 on Thursday. Spirit Realty Capital, Inc has a 52 week low of $8.24 and a 52 week high of $12.1063. The stock’s 50-day moving average is $10.81 and its 200-day moving average is $10.47. The company has a market cap of $3.941 billion and a price-to-earnings ratio of 141.18.
Spirit Realty Capital, Inc is a self-administered and self-managed real estate investment trust (NYSE:SRC).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.