Agree Realty Corporation with ticker code (ADC) now have 14 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 82 and 73 calculating the average target price we see 77.41. Given that the stocks previous close was at 71.8 this is indicating there is a potential upside of 7.8%. The 50 day MA is 72.31 and the 200 day moving average is 71.57. The company has a market cap of $6,463m. Visit the company website at: https://www.agreerealty.com
The potential market cap would be $6,968m 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”.
