Agree Realty Corporation – Consensus Indicates Potential 6.8% Upside

Broker Ratings

Agree Realty Corporation found using ticker (ADC) have now 16 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 85 and 75 calculating the average target price we see 78.47. Given that the stocks previous close was at 73.44 this now indicates there is a potential upside of 6.8%. The 50 day MA is 70.3 and the 200 day moving average is 68.2. The company has a market cap of $5,648m. Find out more information at: https://www.agreerealty.com

The potential market cap would be $6,034m 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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