Berenberg Bank analyst initiated coverage with a Buy rating on NETSTREIT on October 10 and set a price target of $22.00. The company’s shares closed last Friday at $18.21.
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Currently, the analyst consensus on NETSTREIT is a Strong Buy with an average price target of $20.21, which is a 10.98% upside from current levels. In a report released on October 1, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $21.00 price target.
The company has a one-year high of $19.18 and a one-year low of $13.42. Currently, NETSTREIT has an average volume of 1.35M.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NTST in relation to earlier this year. Last month, Mark Manheimer, the President of NTST bought 5,600.00 shares for a total of $100,408.00.
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