NETSTREIT (NYSE:NTST) Research Coverage Started at Capital One Financial

Capital One Financial began coverage on shares of NETSTREIT (NYSE:NTST) in a report published on Wednesday, MarketBeat.com reports. The brokerage issued an overweight rating on the stock.

Several other research analysts also recently weighed in on the company. Mizuho lowered their target price on NETSTREIT from $17.00 to $15.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 8th. Truist Financial decreased their price target on NETSTREIT from $20.00 to $19.00 and set a “buy” rating on the stock in a research note on Thursday, December 5th. Raymond James decreased their price target on NETSTREIT from $19.00 to $17.00 and set a “strong-buy” rating on the stock in a research note on Friday, January 17th. Stifel Nicolaus decreased their price target on NETSTREIT from $19.50 to $19.25 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Finally, Scotiabank upgraded NETSTREIT from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the company from $16.00 to $18.00 in a research note on Monday, November 11th. One analyst has rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, NETSTREIT currently has a consensus rating of “Buy” and an average price target of $17.75.

NETSTREIT Trading Down 2.8 %

Shares of NTST stock opened at $13.84 on Wednesday. The business’s 50 day moving average is $14.33 and its two-hundred day moving average is $15.53. NETSTREIT has a twelve month low of $13.42 and a twelve month high of $18.97. The company has a market capitalization of $1.13 billion, a P/E ratio of -230.58 and a beta of 1.00. The company has a current ratio of 4.11, a quick ratio of 4.11 and a debt-to-equity ratio of 0.57.

Institutional Trading of NETSTREIT

A number of institutional investors have recently bought and sold shares of NTST. PNC Financial Services Group Inc. boosted its position in NETSTREIT by 861.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,430 shares of the company’s stock worth $77,000 after purchasing an additional 4,865 shares in the last quarter. Comerica Bank boosted its position in NETSTREIT by 174.3% during the fourth quarter. Comerica Bank now owns 9,703 shares of the company’s stock worth $137,000 after purchasing an additional 6,166 shares in the last quarter. Prudent Man Advisors LLC acquired a new position in shares of NETSTREIT in the fourth quarter worth $143,000. Mariner LLC acquired a new position in shares of NETSTREIT in the fourth quarter worth $143,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in shares of NETSTREIT in the fourth quarter worth $152,000.

About NETSTREIT

NETSTREIT Corp. is an internally managed real estate investment trust (REIT) based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide. The growing portfolio consists of high-quality properties leased to e-commerce resistant tenants with healthy balance sheets.