BMO Capital Maintains Outperform Rating for Broadstone Net Lease: Here's What You Need To Know

BMO Capital has decided to maintain its Outperform rating of Broadstone Net Lease BNL and lower its price target from $24.00 to $19.00.

Shares of Broadstone Net Lease are trading down 3.9% over the last 24 hours, at $15.77 per share.

A move to $19.00 would account for a 20.48% increase from the current share price.

About Broadstone Net Lease

Broadstone Net Lease Inc is a real estate investment trust. It acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis. The company invests in industrial, healthcare, restaurant, office, and retail properties.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.