Does Essential Properties Realty Trust (EPRT) Look Attractive Now? Ladenburg Thalmann Initiates Coverage

July 16, 2018 - By Margaret Guttierez

Why Has Ladenburg Thalmann Given Essential Properties Realty Trust (EPRT) a $16.0 Price Target

Ladenburg Thalmann has initiated its coverage for Essential Properties Realty Trust (EPRT), this morning 16 July. Investment firm found the stock of EPRT quite attractive and now has a target price of $16.0 with a key “Buy” rating.

The stock decreased 0.29% or $0.04 during the last trading session, reaching $13.96. About 258,250 shares traded. Essential Properties Realty Trust, Inc. (EPRT) has 0.00% since July 16, 2017 and is . It has underperformed by 12.57% the S&P500.

Essential Properties Realty Trust, Inc., a real estate company, acquires, owns, and manages single-tenant properties in the United States. The company has market cap of $838.07 million. The firm leases its properties to middle-market companies, such as restaurants, car washes, automotive services, medical services, convenience stores, entertainment, early childhood education, and health and fitness on a long-term basis. It has a 0.47 P/E ratio. As of March 31, 2018, it had a portfolio of 530 properties.

More notable recent Essential Properties Realty Trust, Inc. (NYSE:EPRT) news were published by: Seekingalpha.com which released: “Essential Properties Realty Trust announces pricing of initial public offering” on June 21, 2018, also Benzinga.com with their article: “The IPO Outlook For The Week Of June 18: Pharma, Pharma And More Pharma” published on June 17, 2018, Seekingalpha.com published: “Essential Properties IPO: Assets From General Electric” on June 22, 2018. More interesting news about Essential Properties Realty Trust, Inc. (NYSE:EPRT) were released by: Streetinsider.com and their article: “Espre Solutions, Inc. New (EPRT) Prices 32.5M Share IPO at $14/Sh” published on June 21, 2018 as well as 247Wallst.com‘s news article titled: “Best IPOs in Q2 2018” with publication date: June 29, 2018.

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