PriceTargets.com logo

Broadstone Net Lease - BNL Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $16.75
  • Forecasted Upside: 15.12%
  • Number of Analysts: 5
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$14.55 As of 04/23/2024 01:00 AM ET
▼ -0.02 (-0.14%)

This chart shows the closing price for BNL by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Broadstone Net Lease Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for BNL and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for BNL

Analyst Price Target is $16.75
▲ +15.12% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Broadstone Net Lease in the last 3 months. The average price target is $16.75, with a high forecast of $19.00 and a low forecast of $14.00. The average price target represents a 15.12% upside from the last price of $14.55.

This chart shows the closing price for BNL for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Hold

The current consensus among 5 contributing investment analysts is to hold stock in Broadstone Net Lease. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
11/1/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
1/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
4/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
7/29/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
10/27/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
1/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
4/24/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/9/2024Wolfe ResearchReiterated RatingOutperform ➝ Peer PerformLow
3/7/2024The Goldman Sachs GroupInitiated CoverageSell$14.00Low
2/27/2024Truist FinancialLower TargetHold ➝ Hold$18.00 ➝ $17.00Low
1/16/2024Truist FinancialBoost TargetHold ➝ Hold$17.00 ➝ $18.00Low
12/18/2023JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$19.00Low
11/27/2023Truist FinancialLower TargetHold ➝ Hold$18.00 ➝ $17.00Low
10/18/2023Wolfe ResearchUpgradePeer Perform ➝ Outperform$17.00Low
9/21/2023JMP SecuritiesInitiated CoverageMarket PerformLow
8/30/2023Truist FinancialLower Target$19.00 ➝ $18.00Low
6/15/2023Truist FinancialLower Target$20.00 ➝ $19.00Low
12/16/2022Morgan StanleyLower TargetEqual Weight$20.00 ➝ $19.00Low
11/2/2022Morgan StanleyLower TargetEqual Weight$21.00 ➝ $20.00Low
10/6/2022BTIG ResearchLower TargetBuy$25.00 ➝ $22.00Low
9/26/2022BMO Capital MarketsLower TargetBuy$24.00 ➝ $19.00Low
9/6/2022Truist FinancialBoost Target$23.00Low
7/12/2022Morgan StanleyLower TargetEqual Weight$25.00 ➝ $21.00N/A
6/21/2022Truist FinancialLower TargetHold$25.00 ➝ $22.00Low
6/15/2022The Goldman Sachs GroupLower TargetNeutral$25.00 ➝ $22.00High
9/7/2021Morgan StanleyBoost TargetEqual Weight$22.00 ➝ $25.00Low
8/24/2021Truist FinancialDowngradeHold$27.00Low
6/25/2021Truist FinancialBoost TargetBuy$23.00 ➝ $25.00Low
6/17/2021The Goldman Sachs GroupDowngradeBuy ➝ Neutral$26.00Medium
6/15/2021JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$25.00High
6/3/2021Morgan StanleyBoost TargetEqual Weight$19.00 ➝ $22.00High
4/21/2021Morgan StanleyReiterated RatingOverweight ➝ Equal Weight$20.00 ➝ $19.00Low
4/15/2021Morgan StanleyDowngradeOverweight ➝ Equal Weight$20.00 ➝ $19.00Medium
1/24/2021The Goldman Sachs GroupInitiated CoverageBuy$23.00High
12/11/2020Truist FinancialBoost Target$19.00 ➝ $20.00Low
10/12/2020Capital One FinancialInitiated CoverageOverweightMedium
10/12/2020Truist FinancialInitiated CoverageBuy$19.00Medium
10/12/2020BTIG ResearchInitiated CoverageBuy$20.00Medium
10/12/2020BMO Capital MarketsInitiated CoverageOutperform$21.00Low
10/12/2020Morgan StanleyInitiated CoverageOverweight$20.00Low
10/12/2020The Goldman Sachs GroupInitiated CoverageBuy$24.00Low
10/12/2020JPMorgan Chase & Co.Initiated CoverageOverweight$20.00Low
(Data available from 4/24/2019 forward)

News Sentiment Rating

0.76 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 8 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2023
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2023
  • 2 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2023
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2023
  • 8 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2024
  • 9 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2024
  • 12 very positive mentions
  • 4 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
3/25/2024
  • 5 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024

Current Sentiment

  • 5 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Broadstone Net Lease logo
BNL is an industrial-focused, diversified net lease 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. Utilizing an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting, as of September 30, 2023, BNL's diversified portfolio consisted of 800 individual net leased commercial properties with 793 properties located in 44 U.S. states and seven properties located in four Canadian provinces across the industrial, healthcare, restaurant, retail, and office property types.
Read More

Today's Range

Now: $14.55
Low: $14.53
High: $14.71

50 Day Range

MA: $14.98
Low: $14.29
High: $15.81

52 Week Range

Now: $14.55
Low: $13.68
High: $17.59

Volume

915,541 shs

Average Volume

1,279,207 shs

Market Capitalization

$2.73 billion

P/E Ratio

17.74

Dividend Yield

7.86%

Beta

1.09

Frequently Asked Questions

What sell-side analysts currently cover shares of Broadstone Net Lease?

The following sell-side analysts have issued stock ratings on Broadstone Net Lease in the last twelve months: JMP Securities, JPMorgan Chase & Co., The Goldman Sachs Group, Inc., TheStreet, Truist Financial Co., and Wolfe Research.
View the latest analyst ratings for BNL.

What is the current price target for Broadstone Net Lease?

4 Wall Street analysts have set twelve-month price targets for Broadstone Net Lease in the last year. Their average twelve-month price target is $16.75, suggesting a possible upside of 15.1%. JPMorgan Chase & Co. has the highest price target set, predicting BNL will reach $19.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $14.00 for Broadstone Net Lease in the next year.
View the latest price targets for BNL.

What is the current consensus analyst rating for Broadstone Net Lease?

Broadstone Net Lease currently has 1 sell rating, 3 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in BNL, but not buy more shares or sell existing shares.
View the latest ratings for BNL.

What other companies compete with Broadstone Net Lease?

Other companies that are similar to Broadstone Net Lease include National Health Investors, Highwoods Properties, Medical Properties Trust, National Storage Affiliates Trust and COPT Defense Properties. Learn More about companies similar to Broadstone Net Lease.

How do I contact Broadstone Net Lease's investor relations team?

The company's listed phone number is 585-287-6500 and its investor relations email address is [email protected]. The official website for Broadstone Net Lease is www.broadstone.com. Learn More about contacing Broadstone Net Lease investor relations.