Decoding 9 Analyst Evaluations For Agree Realty
Portfolio Pulse from Benzinga Insights
Analysts have varied ratings for Agree Realty (NYSE:ADC), with recent evaluations showing a shift towards more bullish sentiments. The average 12-month price target has increased by 10.7% to $74.72. Agree Realty has shown strong revenue growth and net margin, but faces challenges with ROE and ROA.
October 01, 2024 | 5:00 pm
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Agree Realty (NYSE:ADC) has received more bullish analyst ratings recently, with a 10.7% increase in the average 12-month price target to $74.72. The company shows strong revenue growth and net margin but faces challenges with ROE and ROA.
The increase in bullish ratings and the rise in the average price target suggest positive sentiment among analysts, likely leading to a short-term positive impact on ADC's stock price. The company's strong revenue growth and net margin further support this outlook, although challenges with ROE and ROA may temper long-term expectations.
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