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 74 calculating the mean target price we have 79.5. Now with the previous closing price of 62.39 this now indicates there is a potential upside of 27.4%. There is a 50 day moving average of 68.28 while the 200 day moving average is 70.54. The company has a market cap of $4,627m. You can visit the company’s website by visiting: https://www.agreerealty.com
The potential market cap would be $5,896m 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”.
