Global Net Lease

GNL · NYSE

$7.36+$0.04 (+0.55%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $7.32

GNL analyst rating

BuyConsensus of 2 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy1
Hold1
Underperform0
Sell0

12-month price target · 8 analysts

Average $10.64 (+44.5% upside)

Low: $9.09
Now: $7.36
High: $12.60

Upgrades and downgrades

The latest rating actions, newest first

GNL analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Citizens	Aug 31, 2026	Maintains	Market Outperform	$10.00	44%
BMO Capital	Apr 17, 2026	Downgrade	Outperform → Market Perform	$10.00	47%
Citizens	Jan 12, 2026	Maintains	Market Outperform	$9.00 → $10.00	44%

The case for and against

Updated Nov 28, 2025

Bull case

Global Net Lease Inc. is poised for enhanced financial performance due to a strategic de-leveraging initiative that is projected to bolster several key operating metrics. Notably, the company's credit-rated tenant exposure is anticipated to increase by 400 basis points to 62%, and leases with contractual escalations are expected to rise from 78% to 89%, contributing to a projected leased portfolio rate improvement of 200 basis points to 98%. This shift towards single-tenant assets, coupled with a globally diversified property strategy, is likely to yield improved financial metrics and overall portfolio stability.

Bear case

The analysis indicates a negative outlook for Global Net Lease Inc, primarily due to its high leverage, which stood at 8.4x net debt/EBITDA at the end of 2023, despite a subsequent reduction to 6.7x by the first quarter of 2025. The shift in the portfolio's revenue concentration towards industrial properties (46%) has raised concerns about the dependency on a single asset class, while the previous focus on retail may have exposed the company to greater market volatility. Furthermore, while management's internalization and de-leveraging efforts are underway, the overall financial health and stability of the portfolio remain uncertain, which contributes to the cautious sentiment surrounding the stock.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.