NNN REIT (NNN) Stock Forecast & Price Target

$46.08

+0.47 (+1.03%)

(As of 08/21/2024 ET)

NNN REIT - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 6 Analyst Ratings

Based on 6 Wall Street analysts who have issued ratings for NNN REIT in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 5 have given a hold rating, and 1 has given a buy rating for NNN.

Consensus Price Target

$45.50
-1.26% Downside

High Forecast	$49.00
Average Forecast	$45.50
Low Forecast	$42.00

According to the 6 analysts' twelve-month price targets for NNN REIT, the average price target is $45.50. The highest price target for NNN is $49.00, while the lowest price target for NNN is $42.00. The average price target represents a forecasted downside of -1.26% from the current price of $46.08.

Type	Current Forecast 8/23/23 to 8/22/24	1 Month Ago 7/24/23 to 7/23/24	3 Months Ago 5/25/23 to 5/24/24	1 Year Ago 8/23/22 to 8/23/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	2 Buy rating(s)	5 Buy rating(s)
Hold	5 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$45.50	$44.50	$44.50	$47.00
Forecasted Upside	-1.26% Downside	7.83% Upside	11.20% Upside	9.90% Upside

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NNN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NNN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

NNN REIT Stock vs. The Competition

Type	NNN REIT	Finance Companies	S&P 500
Consensus Rating Score	2.17	2.46	2.51
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	-1.26% Downside	38.54% Upside	8.74% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
8/21/2024	Raymond James 4 of 5 stars	Boost Target	Outperform ➝ Outperform	$47.00 ➝ $48.00	+5.22%
8/7/2024	B. Riley 4 of 5 stars	Boost Target	Neutral ➝ Neutral	$42.50 ➝ $49.00	+4.72%
8/2/2024	Royal Bank of Canada 4 of 5 stars	Boost Target	Sector Perform ➝ Sector Perform	$43.00 ➝ $46.00	-1.22%
7/18/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$41.00 ➝ $46.00	-0.63%
5/30/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$43.00 ➝ $42.00	+2.74%
5/2/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underperform ➝ Neutral	$42.00	+3.24%
Get the Latest News and Ratings for NNN and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for NNN REIT and its competitors with MarketBeat's FREE daily newsletter.
8/8/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$54.00 ➝ $49.00	+22.01%
6/28/2023	Janney Montgomery Scott Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$48.00	+13.92%
2/16/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral	$45.00 ➝ $48.00	+2.32%
1/2/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$42.00 ➝ $52.00	+13.64%
11/2/2022	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight	$45.00 ➝ $46.00	+8.80%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:33 AM ET.

NNN Forecast - Frequently Asked Questions

What is NNN REIT's forecast for 2024?: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for NNN REIT is $45.50, with a high forecast of $49.00 and a low forecast of $42.00.
Should I buy or sell NNN REIT stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NNN REIT in the last twelve months. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NNN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NNN, but not buy additional shares or sell existing shares.
Does NNN REIT's stock price have much upside?: According to analysts, NNN REIT's stock has a predicted upside of 2.31% based on their 12-month stock forecasts.
What analysts cover NNN REIT?: NNN REIT has been rated by research analysts at B. Riley, Raymond James, Royal Bank of Canada, UBS Group, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like NNN REIT more than its competitors?: Analysts like NNN REIT less than other "finance" companies. The consensus rating score for NNN REIT is 2.17 while the average consensus rating score for "finance" companies is 2.46. Learn more on how NNN compares to other companies.