Agree Realty Corporation with ticker code (ADC) now have 12 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 85 and 69 calculating the mean target price we have 79. Now with the previous closing price of 63.82 this indicates there is a potential upside of 23.8%. The 50 day MA is 67.77 and the 200 day MA is 70.39. The company has a market capitalisation of $4,505m. Find out more information at: https://www.agreerealty.com
The potential market cap would be $5,577m 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”.
