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Enter Symbol:
Vereit Inc. (VER) [hlAlert]

down 30.58 %

American Realty Capital Properties Inc (ARCP) rated Outperform with price target $17 by Robert W. Baird

Posted on: Tuesday,  Mar 11, 2014  8:25 AM ET by Robert W. Baird

Robert W. Baird rated Outperform Vereit Inc. (NYSE: VER) on 03/11/2014. Previously Robert W. Baird rated Outperform Vereit Inc. (NYSE: VER) on
09/13/2012., when the stock price was $11.90. Since then, Vereit Inc. has lost 30.59% as of 12/21/2015's recent price of $8.26.
If you would have followed the previous Robert W. Baird's recommendation on VER, you would have lost 30.58% of your investment in 1194 days.

American Realty Capital Properties, Inc. has been formed to own and acquire single tenant, freestanding commercial real estate that is net leased on a medium-term basis, primarily to investment grade credit rated and other credit worthy tenants. The Company refers to properties that are net leased on a medium-term basis. It means properties originally leased long term (10 years or longer) that are subject to net leases with remaining lease terms of generally three to eight years, on average. As of September 30, 2010, the Company acquired ARC Income Properties, LLC and ARC Income Properties III, LLC. In November 2011, the Company acquired a portfolio of 20 free standing, single-story commercial buildings leased to discount retailer Dollar General. In November 2011, it acquired a portfolio of five free standing, single-tenant commercial buildings leased to automotive aftermarket retailer Advance Auto Parts.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/11/2014 8:25 AM Buy
14.43 17.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/13/2012 8:25 AM Buy
11.90 13.00

(*) Stock Price at the time of the recommendation.
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