Where Agree Realty Stands With Analysts
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Agree Realty (NYSE:ADC) over the past three months, with a range of price targets and evaluations. The average 12-month price target is $64.25, reflecting a 7.08% increase from the previous target. The company has shown strong revenue growth and profitability but lags in return on equity.
July 18, 2024 | 8:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Agree Realty (NYSE:ADC) has received mixed analyst ratings over the past three months, with an average 12-month price target of $64.25, reflecting a 7.08% increase. The company shows strong revenue growth and profitability but lags in return on equity.
The mixed analyst ratings and increased price target suggest a positive short-term outlook for ADC. The company's strong revenue growth and profitability further support this, although the low ROE is a concern.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100