# Agree Realty Corporation – Consensus ‘buy’ rating and 11.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/agree-realty-corporation-consensus-buy-rating-and-11-1-upside-potential/4121185402
- Published: 2025-01-31T12:02:49+00:00
- Author: Charlotte Edwards

**Agree Realty Corporation** which can be found using ticker (ADC) have now 20 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
range between the high target price and low target price is between $89.00 and $
74.00 and has a mean target at $79.85. Given that the stocks previous close was 
at $71.86 and the analysts are correct then we can expect a percentage increase 
in value of 11.1%. The 50 day moving average now sits at $73.04 and the 200 day 
moving average is $68.93. The market cap for the company is 7.96B. The price for
the stock stands currently at: $73.10 USD

 The potential market cap would be $8,848,151,965 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 40.39, revenue per share of $5.99
and a 2.32% return on assets.

Agree Realty Corporation is an integrated real estate investment trust (REIT) primarily
focused on the ownership, acquisition, development and management of retail properties
net-leased to tenants. The Company’s assets are held by, and all of its operations
are conducted through, directly or indirectly, the operating partnership, of which
the Company is the sole general partner. Its portfolio consists of over 1,839 properties
located in 48 states and totaling approximately 38.1 million square feet of gross
leasable area (GLA). Its portfolio of properties is located in Texas, Ohio, Florida,
Michigan, Illinois, North Carolina, New Jersey, Pennsylvania, California, New York,
Georgia, Virginia, Connecticut, Wisconsin and others. Its tenants include Walmart,
[Dollar General](https://www.directorstalkinterviews.com/dollar-general-corporation),
Tractor Supply, Best Buy, Dollar Tree, TJX Companies, O’Reilly Auto Parts, CVS, 
Kroger, Lowe’s, Hobby Lobby, Burlington, Sherwin-Williams, Sunbelt Rentals, Wawa,
Home Depot, TBC Corporation, Gerber Collision and others.

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