Where Agree Realty Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 7 analysts have published their opinion on Agree Realty (NYSE:ADC) stock. The analysts have an average price target of $74.36 versus the current price of Agree Realty at $58.72, implying upside. This current average has decreased by 2.64% from the previous average price target of $76.38.
September 21, 2023 | 12:01 pm
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POSITIVE IMPACT
Analysts have a bullish outlook on Agree Realty (NYSE:ADC) with an average price target of $74.36, implying upside from the current price of $58.72. However, the average target has decreased by 2.64% from the previous target of $76.38.
The bullish outlook from analysts suggests that they believe the stock price will increase in the future. The decrease in the average price target could indicate a slight decrease in confidence about the stock's future performance, but the overall bullish sentiment remains. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100