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Broadstone Net Lease - BNL Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $18.60
  • Forecasted Upside: 15.74%
  • Number of Analysts: 8
  • Breakdown:
  • 1 Sell Ratings
  • 4 Hold Ratings
  • 2 Buy Ratings
  • 1 Strong Buy Ratings
$16.07 As of 12/20/2024 06:45 PM ET
▲ +0.21 (1.32%)

This chart shows the closing price for BNL by one month, three months, or twelve months.

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Analyst Price Target for BNL

Analyst Price Target is $18.60
▲ +15.74% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Broadstone Net Lease in the last 3 months. The average price target is $18.60, with a high forecast of $21.00 and a low forecast of $16.00. The average price target represents a 15.74% upside from the last price of $16.07.

This chart shows the closing price for BNL for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 8 contributing investment analysts is to hold stock in Broadstone Net Lease. This rating has held steady since February 2024, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
6/24/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
9/22/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
11/21/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

  • 1 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/17/2024Citizens JmpUpgradeHold ➝ Strong-Buy
12/17/2024JMP SecuritiesUpgradeMarket Perform ➝ Outperform$21.00
11/14/2024UBS GroupInitiated CoverageNeutral$18.00
9/13/2024The Goldman Sachs GroupBoost TargetSell ➝ Sell$14.50 ➝ $16.00
8/19/2024WedbushInitiated CoverageOutperform$20.00
8/16/2024Truist FinancialBoost TargetHold ➝ Hold$16.00 ➝ $18.00
6/12/2024KeyCorpInitiated CoverageSector Weight
4/9/2024Wolfe ResearchReiterated RatingOutperform ➝ Peer Perform
3/7/2024The Goldman Sachs GroupInitiated CoverageSell$14.00
2/27/2024Truist FinancialLower TargetHold ➝ Hold$18.00 ➝ $17.00
1/16/2024Truist FinancialBoost TargetHold ➝ Hold$17.00 ➝ $18.00
12/18/2023JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$19.00
11/27/2023Truist FinancialLower TargetHold ➝ Hold$18.00 ➝ $17.00
10/18/2023Wolfe ResearchUpgradePeer Perform ➝ Outperform$17.00
9/21/2023JMP SecuritiesInitiated CoverageMarket Perform
8/30/2023Truist FinancialLower Target$19.00 ➝ $18.00
6/15/2023Truist FinancialLower Target$20.00 ➝ $19.00
12/16/2022Morgan StanleyLower TargetEqual Weight$20.00 ➝ $19.00
11/2/2022Morgan StanleyLower TargetEqual Weight$21.00 ➝ $20.00
10/6/2022BTIG ResearchLower TargetBuy$25.00 ➝ $22.00
9/26/2022BMO Capital MarketsLower TargetBuy$24.00 ➝ $19.00
9/6/2022Truist FinancialBoost Target$23.00
7/12/2022Morgan StanleyLower TargetEqual Weight$25.00 ➝ $21.00
6/21/2022Truist FinancialLower TargetHold$25.00 ➝ $22.00
6/15/2022The Goldman Sachs GroupLower TargetNeutral$25.00 ➝ $22.00
9/7/2021Morgan StanleyBoost TargetEqual Weight$22.00 ➝ $25.00
8/24/2021Truist FinancialDowngradeHold$27.00
6/25/2021Truist FinancialBoost TargetBuy$23.00 ➝ $25.00
6/17/2021The Goldman Sachs GroupDowngradeBuy ➝ Neutral$26.00
6/15/2021JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$25.00
6/3/2021Morgan StanleyBoost TargetEqual Weight$19.00 ➝ $22.00
4/21/2021Morgan StanleyReiterated RatingOverweight ➝ Equal Weight$20.00 ➝ $19.00
4/15/2021Morgan StanleyDowngradeOverweight ➝ Equal Weight$20.00 ➝ $19.00
1/24/2021The Goldman Sachs GroupInitiated CoverageBuy$23.00
12/11/2020Truist FinancialBoost Target$19.00 ➝ $20.00
10/12/2020Capital One FinancialInitiated CoverageOverweight
10/12/2020Truist FinancialInitiated CoverageBuy$19.00
10/12/2020BTIG ResearchInitiated CoverageBuy$20.00
10/12/2020BMO Capital MarketsInitiated CoverageOutperform$21.00
10/12/2020Morgan StanleyInitiated CoverageOverweight$20.00
10/12/2020The Goldman Sachs GroupInitiated CoverageBuy$24.00
10/12/2020JPMorgan Chase & Co.Initiated CoverageOverweight$20.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.32 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 17 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 10 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 8 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 7 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 12 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 12 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 12 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 32 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 32 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Broadstone Net Lease logo
Broadstone Net Lease, Inc. (the Corporation) is a Maryland corporation formed on October 18, 2007, that elected to be taxed as a real estate investment trust (REIT) commencing with the taxable year ended December 31, 2008. Broadstone Net Lease, LLC (the Corporation's operating company, or the OP), is the entity through which the Corporation conducts its business and owns (either directly or through subsidiaries) all of the Corporation's properties. The Corporation is the sole managing member of the OP. The membership units not owned by the Corporation are referred to as OP Units or non-controlling interests. As the Corporation conducts substantially all of its operations through the OP, it is structured as what is referred to as an umbrella partnership real estate investment trust (UPREIT). The Corporation's common stock is listed on the New York Stock Exchange under the symbol BNL.
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Today's Range

Now: $16.07
Low: $15.34
High: $16.40

50 Day Range

MA: $17.49
Low: $15.86
High: $18.71

52 Week Range

Now: $16.07
Low: $14.20
High: $19.15

Volume

4,145,190 shs

Average Volume

1,163,793 shs

Market Capitalization

$3.03 billion

P/E Ratio

21.15

Dividend Yield

6.86%

Beta

1.1

Frequently Asked Questions

What sell-side analysts currently cover shares of Broadstone Net Lease?

The following sell-side analysts have issued stock ratings on Broadstone Net Lease in the last twelve months: Citizens Jmp, JMP Securities, KeyCorp, The Goldman Sachs Group, Inc., TheStreet, Truist Financial Co., UBS Group AG, Wedbush, and Wolfe Research.
View the latest analyst ratings for BNL.

What is the current price target for Broadstone Net Lease?

0 Wall Street analysts have set twelve-month price targets for Broadstone Net Lease in the last year. Their average twelve-month price target is $18.60, suggesting a possible upside of 15.7%. JMP Securities has the highest price target set, predicting BNL will reach $21.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $16.00 for Broadstone Net Lease in the next year.
View the latest price targets for BNL.

What is the current consensus analyst rating for Broadstone Net Lease?

Broadstone Net Lease currently has 1 sell rating, 4 hold ratings, 2 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in BNL, but not buy more shares or sell existing shares.
View the latest ratings for BNL.

What other companies compete with Broadstone Net Lease?

Other companies that are similar to Broadstone Net Lease include Houlihan Lokey, W. P. Carey, Futu, Hamilton Lane and Rexford Industrial Realty. Learn More about companies similar to Broadstone Net Lease.

How do I contact Broadstone Net Lease's investor relations team?

The company's listed phone number is 585-287-6500 and its investor relations email address is [email protected]. The official website for Broadstone Net Lease is www.broadstone.com. Learn More about contacing Broadstone Net Lease investor relations.