UBS Group Issues Positive Forecast for Broadstone Net Lease (NYSE:BNL) Stock Price

Broadstone Net Lease (NYSE:BNL) had its price target raised by investment analysts at UBS Group from $19.00 to $20.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has a “neutral” rating on the stock. UBS Group’s target price would indicate a potential upside of 3.90% from the stock’s current price.

Several other brokerages have also recently commented on BNL. BMO Capital Markets reiterated an “outperform” rating on shares of Broadstone Net Lease in a research report on Thursday, December 4th. Citizens Jmp restated a “market outperform” rating and set a $21.00 target price on shares of Broadstone Net Lease in a report on Tuesday, December 2nd. Wall Street Zen raised shares of Broadstone Net Lease from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. Weiss Ratings raised Broadstone Net Lease from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, March 3rd. Finally, Cantor Fitzgerald raised their target price on Broadstone Net Lease from $20.00 to $21.00 and gave the company an “overweight” rating in a report on Tuesday, February 24th. Nine analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Broadstone Net Lease currently has an average rating of “Moderate Buy” and a consensus price target of $20.20.

Broadstone Net Lease Stock Performance

Shares of Broadstone Net Lease stock traded up $0.10 during trading on Monday, hitting $19.25. 1,428,143 shares of the stock were exchanged, compared to its average volume of 1,817,100. Broadstone Net Lease has a 12 month low of $13.96 and a 12 month high of $19.91. The stock has a market cap of $3.68 billion, a PE ratio of 38.50 and a beta of 0.99. The stock’s fifty day moving average is $18.67 and its 200 day moving average is $18.32.

Broadstone Net Lease (NYSE:BNL) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.20). Broadstone Net Lease had a net margin of 21.25% and a return on equity of 3.17%. Broadstone Net Lease has set its FY 2026 guidance at 1.530-1.57 EPS. Sell-side analysts anticipate that Broadstone Net Lease will post 1.43 EPS for the current fiscal year.

Institutional Investors Weigh In On Broadstone Net Lease

Hedge funds and other institutional investors have recently modified their holdings of the stock. CIBC Private Wealth Group LLC lifted its holdings in shares of Broadstone Net Lease by 42.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,000 shares of the company’s stock worth $35,000 after acquiring an additional 600 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Broadstone Net Lease by 0.9% during the second quarter. American Century Companies Inc. now owns 77,865 shares of the company’s stock valued at $1,250,000 after purchasing an additional 664 shares during the period. Alps Advisors Inc. grew its holdings in Broadstone Net Lease by 4.7% in the 3rd quarter. Alps Advisors Inc. now owns 16,574 shares of the company’s stock worth $296,000 after acquiring an additional 737 shares during the last quarter. Lazard Asset Management LLC increased its stake in shares of Broadstone Net Lease by 0.9% during the second quarter. Lazard Asset Management LLC now owns 89,265 shares of the company’s stock valued at $1,432,000 after buying an additional 768 shares during the period. Finally, Arizona State Retirement System boosted its position in Broadstone Net Lease by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 55,951 shares of the company’s stock valued at $1,000,000 after acquiring an additional 779 shares in the last quarter. 89.07% of the stock is currently owned by institutional investors.

About Broadstone Net Lease

Broadstone Net Lease, Inc (NYSE: BNL) is a publicly traded real estate investment trust focused on owning and operating single-tenant commercial properties under long-term net leases. The company specializes in acquiring properties that are leased to creditworthy tenants, allowing it to generate predictable, stable rental income while transferring most operating expenses and responsibilities to its lessees.

Broadstone Net Lease’s portfolio spans a variety of property types, including industrial facilities, distribution centers, manufacturing plants, life science and office buildings, and essential retail locations.