Shares of Global Net Lease Inc. (GNL) Exceed 52-Week High

June 7, 2021 10:18:35

Global Net Lease Inc. (NYSE:GNL) traded today at a new 52-week high of $20.06. Approximately 167,000 shares have changed hands today, as compared to an average 30-day volume of 467,000 shares.

Over the past year, Global Net Lease Inc. has traded in a range of $13.95 to $20.06 and is now at $19.91, 43% above that low.

Global Net Lease Inc. (NYSE:GNL) is currently priced 37.6% above its average consensus analyst price target of $12.42.

Global Net Lease Inc is a real estate investment trust that manages a globally diversified portfolio of commercial real estate properties. The company is engaged in the ownership, management, operating, lease, acquisition, investment, and sale of the portfolio assets. Its real estate assets span the United States, the United Kingdom, Germany, the Netherlands, Belgium, Luxembourg, France, and Finland. The portfolio assets include office, industrial and distribution, retail, and other, with office buildings representing more than half of the properties.

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