In a report released today, Jeremy Metz from BMO Capital initiated coverage with a Buy rating on Store Capital (NYSE: STOR) and a price target of $32. The company’s shares opened today at $28.57, close to its 52-week high of $29.52.
According to TipRanks.com, Metz is a 2-star analyst with an average return of 0.4% and a 52.3% success rate. Metz covers the Financial sector, focusing on stocks such as National Storage Affiliates Trust, Retail Opportunity Investments, and General Growth Properties Inc.
Currently, the analyst consensus on Store Capital is a Moderate Buy with an average price target of $29.50.
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Store Capital’s market cap is currently $5.86B and has a P/E ratio of 39.44. The company has a Price to Book ratio of 1.70.
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STORE Capital Corp. operates as an internally managed net-lease real estate investment trust. The firm engages in the acquisition, investment, management, and ownership of single tenant operational real estate properties.
