Agree Realty Corporation – Consensus Indicates Potential 6.5% Upside

Broker Ratings

Agree Realty Corporation found using ticker (ADC) now have 16 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 90 and 75 calculating the mean target price we have 82.09. Now with the previous closing price of 77.05 this would indicate that there is a potential upside of 6.5%. The 50 day MA is 75.67 and the 200 day moving average is 69.46. The company has a market cap of $6,297m. Visit the company website at: https://www.agreerealty.com

The potential market cap would be $6,709m based on the market concensus.

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Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of September 30, 2020, the Company owned and operated a portfolio of 1,027 properties, located in 45 states and containing approximately 21.0 million square feet of gross leasable area. The Company’s common stock is listed on the New York Stock Exchange under the symbol “ADC”.

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