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Broadstone Net Lease (BNL) Stock Forecast & Price Target

$17.28
-0.05 (-0.29%)
(As of 04:15 PM ET)

Broadstone Net Lease - 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

Based on 6 Wall Street analysts who have issued ratings for Broadstone Net Lease in the last 12 months, the stock has a consensus rating of "Hold." Out of the 6 analysts, 1 has given a sell rating, 4 have given a hold rating, and 1 has given a buy rating for BNL.

Consensus Price Target

$16.75
-3.07% Downside
High Forecast$19.00
Average Forecast$16.75
Low Forecast$14.00

According to the 6 analysts' twelve-month price targets for Broadstone Net Lease, the average price target is $16.75. The highest price target for BNL is $19.00, while the lowest price target for BNL is $14.00. The average price target represents a forecasted downside of -3.07% from the current price of $17.28.

TypeCurrent Forecast
7/20/23 to 7/19/24
1 Month Ago
6/20/23 to 6/19/24
3 Months Ago
4/21/23 to 4/20/24
1 Year Ago
7/20/22 to 7/20/23
Consensus Rating
Hold
Hold
Hold
Moderate Buy
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)
1 Buy rating(s)
2 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
1 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$16.75$16.75$16.75$19.75
Forecasted Upside-3.07% Downside8.63% Upside8.63% Upside20.11% Upside
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BNL 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.
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BNL 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.
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Broadstone Net Lease Stock vs. The Competition

TypeBroadstone Net LeaseFinance CompaniesS&P 500
Consensus Rating Score
2.00
2.45
2.51
Consensus RatingHoldHoldModerate Buy
Predicted Upside-3.90% Downside37.46% Upside9.15% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/12/2024KeyCorp
4 of 5 stars
U. Rana
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Initiated CoverageSector Weight
4/9/2024Wolfe Research
3 of 5 stars
 Reiterated RatingOutperform ➝ Peer Perform
3/7/2024The Goldman Sachs Group
2 of 5 stars
 Initiated CoverageSell$14.00-5.12%
2/27/2024Truist Financial
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 Lower TargetHold ➝ Hold$18.00 ➝ $17.00+16.76%
12/18/2023JPMorgan Chase & Co.
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 UpgradeNeutral ➝ Overweight$19.00+10.53%
9/21/2023JMP Securities
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 Initiated CoverageMarket Perform
12/16/2022Morgan Stanley
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 Lower TargetEqual Weight$20.00 ➝ $19.00+13.16%
10/6/2022BTIG Research
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 Lower TargetBuy$25.00 ➝ $22.00+36.31%
9/26/2022BMO Capital Markets
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 Lower TargetBuy$24.00 ➝ $19.00+15.71%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 04:44 PM ET.

BNL Forecast - Frequently Asked Questions

What is Broadstone Net Lease's forecast for 2024?

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Broadstone Net Lease is $16.75, with a high forecast of $19.00 and a low forecast of $14.00.

Should I buy or sell Broadstone Net Lease stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Broadstone Net Lease in the last year. There is currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BNL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BNL, but not buy additional shares or sell existing shares.

Does Broadstone Net Lease's stock price have much upside?

According to analysts, Broadstone Net Lease's stock has a predicted upside of 8.63% based on their 12-month stock forecasts.

What analysts cover Broadstone Net Lease?

Broadstone Net Lease has been rated by research analysts at KeyCorp in the past 90 days.

Do Wall Street analysts like Broadstone Net Lease more than its competitors?

Analysts like Broadstone Net Lease less than other "finance" companies. The consensus rating score for Broadstone Net Lease is 2.00 while the average consensus rating score for "finance" companies is 2.45. Learn more on how BNL compares to other companies.


This page (NYSE:BNL) was last updated on 7/19/2024 by MarketBeat.com Staff

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