Agree Realty Corporation found using ticker (ADC) have now 16 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 81.5 and 70 calculating the mean target price we have 77.03. Now with the previous closing price of 72.52 this is indicating there is a potential upside of 6.2%. The 50 day moving average now sits at 69.39 while the 200 day moving average is 67.97. The company has a market capitalisation of $5,598m. You can visit the company’s website by visiting: https://www.agreerealty.com
The potential market cap would be $5,946m 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”.
