Agree Realty Corporation with ticker code (ADC) have now 16 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 90 and 75 calculating the mean target price we have 82.16. With the stocks previous close at 72.11 this would indicate that there is a potential upside of 13.9%. The 50 day MA is 76.44 while the 200 day moving average is 69.82. The company has a market cap of $5,830m. Visit the company website at: https://www.agreerealty.com
The potential market cap would be $6,642m based on the market concensus.
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”.
