Shares of Global Net Lease Inc (NYSE:GNL) have received a consensus recommendation of “Hold” from the five research firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $22.50.

A number of research analysts have recently commented on the company. DA Davidson assumed coverage on Global Net Lease in a report on Thursday, September 26th. They issued a “neutral” rating and a $22.00 price objective on the stock. Aegis assumed coverage on Global Net Lease in a report on Thursday, October 31st. They issued a “buy” rating and a $21.50 price objective on the stock. Zacks Investment Research downgraded Global Net Lease from a “hold” rating to a “strong sell” rating in a report on Thursday, November 14th. Finally, ValuEngine downgraded Global Net Lease from a “buy” rating to a “hold” rating in a research note on Tuesday, December 3rd.

GNL opened at $19.86 on Tuesday. Global Net Lease has a one year low of $16.95 and a one year high of $20.62. The company has a market cap of $1.78 billion, a P/E ratio of 10.79 and a beta of 0.72. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.22 and a current ratio of 0.22. The business’s 50-day simple moving average is $19.85 and its 200-day simple moving average is $19.50.

Global Net Lease (NYSE:GNL) last released its quarterly earnings data on Friday, November 8th. The financial services provider reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.40). Global Net Lease had a net margin of 9.73% and a return on equity of 1.91%. The business had revenue of $77.94 million during the quarter, compared to analysts’ expectations of $78.18 million. As a group, analysts predict that Global Net Lease will post 1.77 earnings per share for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio grew its stake in Global Net Lease by 10.0% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 6,039 shares of the financial services provider’s stock worth $118,000 after buying an additional 551 shares during the last quarter. Riverhead Capital Management LLC grew its stake in Global Net Lease by 14.3% during the 2nd quarter. Riverhead Capital Management LLC now owns 4,800 shares of the financial services provider’s stock worth $94,000 after buying an additional 600 shares during the last quarter. Texas Permanent School Fund grew its stake in Global Net Lease by 1.1% during the 3rd quarter. Texas Permanent School Fund now owns 57,504 shares of the financial services provider’s stock worth $1,121,000 after buying an additional 603 shares during the last quarter. Elkfork Partners LLC grew its stake in Global Net Lease by 13.0% during the 2nd quarter. Elkfork Partners LLC now owns 5,348 shares of the financial services provider’s stock worth $105,000 after buying an additional 616 shares during the last quarter. Finally, Coastal Investment Advisors Inc. grew its stake in Global Net Lease by 23.8% during the 2nd quarter. Coastal Investment Advisors Inc. now owns 3,380 shares of the financial services provider’s stock worth $67,000 after buying an additional 650 shares during the last quarter. Hedge funds and other institutional investors own 64.87% of the company’s stock.

About Global Net Lease

Global Net Lease, Inc (NYSE: GNL) is a publicly traded real estate investment trust listed on the NYSE focused on acquiring a diversified global portfolio of commercial properties, with an emphasis on sale-leaseback transactions involving single tenant, mission critical income producing net-leased assets across the United States, Western and Northern Europe.

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