Key Highlights:
- Broadstone Net Lease partners with Prologis on a $78.2 million project.
- Analysts forecast an 18.45% upside for BNL, with a price target of $18.86.
- Current analyst consensus rates Broadstone Net Lease as "Outperform".
Broadstone Net Lease (BNL, Financial) is strategically expanding its footprint in the commercial real estate sector by teaming up with Prologis. This exciting collaboration focuses on developing a significant build-to-suit project valued at approximately $78.2 million. This ambitious endeavor is expected to reach completion in about 15 months, offering considerable growth potential for both companies.
Wall Street Analysts' Insights and Price Forecast
Turning to Wall Street's perspective, analysts have set a one-year price target for Broadstone Net Lease Inc (BNL, Financial) at an average of $18.86. This represents a robust upside of 18.45% from the current stock price of $15.92, with price targets ranging between $15.00 and $22.00. To further explore these estimates, visit the Broadstone Net Lease Inc (BNL) Forecast page.
The sentiment among brokerage firms is notably positive. With an average brokerage recommendation of 2.4, BNL enjoys an "Outperform" status on the current analyst rating scale, where 1 reflects a Strong Buy and 5 indicates Sell.
Evaluating BNL's Future Value with GuruFocus Metrics
According to GuruFocus estimates, the anticipated GF Value for Broadstone Net Lease Inc (BNL, Financial) in one year is $17.22. This suggests a potential upside of 8.17% from its present trading price of $15.92. GF Value, a GuruFocus proprietary metric, considers historical trading multiples, past growth, and future performance estimates to determine the fair trading value of a stock. For more comprehensive data, visit the Broadstone Net Lease Inc (BNL) Summary page.
