Agree Realty Corporation found using ticker (ADC) have now 13 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 83 and 69 calculating the average target price we see 76.58. Given that the stocks previous close was at 63.73 this now indicates there is a potential upside of 20.2%. The 50 day moving average now sits at 66.21 and the 200 moving average now moves to 69.91. The company has a market cap of $4,654m. You can visit the company’s website by visiting: https://www.agreerealty.com
The potential market cap would be $5,592m 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”.
