Analyst Expectations For Agree Realty's Future
Portfolio Pulse from Benzinga Insights
Analysts have shown increased optimism towards Agree Realty (NYSE:ADC) with several raising their price targets and ratings. The average 12-month price target has risen by 8.36% to $71.06. Despite strong revenue growth and net margins, the company faces challenges with low ROE and ROA.
August 21, 2024 | 6:00 pm
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Agree Realty has received positive analyst ratings with increased price targets, reflecting optimism about its future performance. The company's revenue growth and net margins are strong, but it faces challenges with low ROE and ROA.
Analysts have raised their ratings and price targets for Agree Realty, indicating a positive outlook. The company's strong revenue growth and net margins support this optimism. However, low ROE and ROA suggest potential challenges in capital and asset efficiency, which could temper the bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100