Agree Realty Corporation with ticker code (ADC) now have 16 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 82 and 70 calculating the mean target price we have 77.16. Now with the previous closing price of 72.74 this indicates there is a potential upside of 6.1%. There is a 50 day moving average of 69.79 and the 200 moving average now moves to 68.06. The company has a market cap of $5,540m. Visit the company website at: https://www.agreerealty.com
The potential market cap would be $5,876m 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”.
