Agree Realty Corporation found using ticker (ADC) now have 12 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 85 and 75 calculating the average target price we see 80. With the stocks previous close at 68.5 this is indicating there is a potential upside of 16.8%. The day 50 moving average is 69.26 and the 200 moving average now moves to 70.69. The market cap for the company is $4,859m. You can visit the company’s website by visiting: https://www.agreerealty.com
The potential market cap would be $5,675m 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”.
