Morgan Stanley (NYSE:MS) analyst Ronald Kamdem maintained a Buy rating on National Retail Properties (NYSE:NNN) on Tuesday, setting a price target of $56, which is approximately 17.97% above the present share price of $47.47.
Kamdem expects National Retail Properties to post earnings per share (EPS) of $0.39 for the third quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in National Retail Properties, with an average price target of $52.17.
The analysts price targets range from a high of $56 to a low of $49.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $179.01 million and a net profit of $109.63 million. The company's market cap is $8.34 billion.
According to TipRanks.com, Morgan Stanley analyst Ronald Kamdem is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -24.5% and a 25.00% success rate.
National Retail Properties, Inc. is a real estate investment trust, which engages in investing in properties subject to long-term net leases. It acquires, owns, invests in, and develops properties that are leased to retail tenants under long-term net leases and held for investment. The company was founded on August 8, 1984 and is headquartered in Orlando, FL.