▲ +6.22% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Broadstone Net Lease in the last 3 months. The average price target is $20.50, with a high forecast of $23.00 and a low forecast of $19.00. The average price target represents a 6.22% upside from the last price of $19.30.
The current consensus among 7 investment analysts is to buy stock in Broadstone Net Lease.
BNL is an internally-managed REIT that acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The Company utilizes an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. As of September 30, 2020, BNL's diversified portfolio consisted of 627 properties in 41 U.S. states and one property in Canada across the industrial, healthcare, restaurant, office, and retail property types, with an aggregate gross asset value of approximately $4.0 billion.