Broadstone Net Lease: Price Catches Up With Value

WendellandCarolyn 2) BNL fairly valued for low growth scenario While the NAV is not the only thing you should use in making a decision, it is certainly one important guide post. Our buy rating incorporated that information in. At the time BNL was trading at a 22% discount to consensus NAV while Realty Income was at a 7% discount. Consensus NAV for BNL is at $18.40. The lowest estimate on the street is $16.81. So we are now within striking distance of fair value at the least. BNL on Tuesday said as of July 2 ...