In-Depth Examination Of 8 Analyst Recommendations For Agree Realty
Portfolio Pulse from Benzinga Insights
Analysts have mixed opinions on Agree Realty (NYSE:ADC), with recent ratings ranging from bullish to bearish. The average 12-month price target is $66.12, slightly up from $66.00. The company, a real estate investment trust, has seen a 24.3% revenue growth and has a net margin of 28.92%, but its ROE and ROA are below industry standards. Its debt-to-equity ratio of 0.44 indicates a balanced approach to debt management.
February 13, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Agree Realty has received mixed analyst ratings, with a slight increase in the average 12-month price target. The company shows strong revenue growth and net margin but faces challenges with ROE and ROA.
The mixed analyst ratings and slight increase in the price target suggest a neutral short-term impact on ADC's stock price. The company's strong revenue growth and net margin are positive indicators, but the below-average ROE and ROA could temper investor enthusiasm.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100