Agree Realty Corporation with ticker code (ADC) now have 13 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 85 and 73 suggesting an average Analsyt target price of $77.96. Now with the previous closing price of $66.36 and the analysts are correct then we can expect a percentage increase in value of 17.5%. The day 50 moving average is $69.80 and the 200 moving average now moves to $71.55. The company has a market cap of $5,989m. Find out more information at: https://www.agreerealty.com
The potential market cap would be $7,036m based on the market consensus.
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”.
The company has a dividend yield of 4.41% with the ex dividend date set at 27-4-2023 (DMY).
Other points of data to note are a P/E ratio of 36.12, revenue per share of 5.46 and a 2.24% return on assets.
