Analyst Price Target is $44.39
▼ -5.06% Downside Potential
This price target is based on 9 analysts offering 12 month price targets for VEREIT in the last 3 months. The average price target is $44.39, with a high forecast of $48.00 and a low forecast of $33.75. The average price target represents a -5.06% upside from the last price of $46.76.
Current Consensus is
The current consensus among 9 polled investment analysts is to hold stock in VEREIT. This Hold consensus rating has held steady for over two years.
VEREIT is a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S. The Company has total real estate investments of $14.6 billion including approximately 3,800 properties and 88.9 million square feet. VEREIT's business model provides equity capital to creditworthy corporations in return for long-term leases on their properties. VEREIT is a publicly traded Maryland corporation listed on the New York Stock Exchange. VEREIT uses, and intends to continue to use, its Investor Relations website, which can be found at www.VEREIT.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.