SILA Similar Chart Price Prediction
The price of SILA is predicted to go up -3.65%, based on the high correlation periods with UTL. The similarity of these two price pattern on the periods is 93.63%.
SILA
UTL
Down: -3.65%Similarity: 93.63%
SILA Revenue Forecast
SILA EPS Forecast
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SILA Analyst's Forecast
Michael Lewis
Truist Securities
Strong Buy
2024-12-18
Price Target
$29 → $28
Upside
+14.47%
Truist lowered the firm's price target on Sila Realty Trust to $28 from $29 and keeps a Buy rating on the shares. Given its very low financial leverage, the firm expects Sila to fund investments primarily with credit facility borrowings until at least late next year. Management recently suggested mid-6% to high-7% acquisition cap rates in the near-term, which Truist believes could provide an attractive spread over the cost of capital. The firm thinks the core portfolio has relatively low risk and that the stock has upside at only roughly 13.5x net D/EBITDA and an 8.1% implied cap rate.
