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Agree Realty - ADC Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $78.23
  • Forecasted Upside: 16.60%
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 6 Buy Ratings
  • 1 Strong Buy Ratings
$67.09 As of 03/24/2023 01:00 AM ET
▲ +2.15 (3.31%)

This chart shows the closing price for ADC by one month, three months, or twelve months.

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Analyst Price Target for ADC

Analyst Price Target is $78.23
▲ +16.60% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Agree Realty in the last 3 months. The average price target is $78.23, with a high forecast of $83.00 and a low forecast of $73.00. The average price target represents a 16.60% upside from the last price of $67.09.

This chart shows the closing price for ADC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 9 contributing investment analysts is to buy stock in Agree Realty. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/2/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/31/2021
  • 1 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/31/2022
  • 1 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2022
  • 1 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2022
  • 1 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2022
  • 1 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2023
  • 1 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2023

Latest Recommendations

  • 1 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/21/2023JMP SecuritiesDowngradeOutperform ➝ Market PerformLow
3/9/2023MizuhoLower TargetNeutral$78.00 ➝ $73.00Low
2/15/2023Stifel NicolausBoost Target$76.75 ➝ $77.50Low
1/9/2023Raymond JamesBoost TargetStrong-Buy$80.00 ➝ $81.00Low
12/8/2022MizuhoBoost Target$68.00 ➝ $73.00Low
12/2/2022Truist FinancialLower TargetBuy$84.00 ➝ $80.00Low
11/2/2022Morgan StanleyLower TargetOverweight$77.00 ➝ $73.00Low
10/18/2022JMP SecuritiesLower TargetMarket Outperform$82.00 ➝ $75.00Low
10/4/2022Raymond JamesLower TargetStrong-Buy$85.00 ➝ $80.00Low
8/22/2022Truist FinancialBoost TargetBuy$77.00 ➝ $84.00Low
8/15/2022CitigroupBoost Target$80.00Low
8/4/2022Royal Bank of CanadaBoost TargetOutperform$76.00 ➝ $83.00Low
8/3/2022JMP SecuritiesBoost TargetMarket Outperform$81.00 ➝ $82.00Low
7/12/2022Morgan StanleyBoost TargetOverweight$75.00 ➝ $77.00N/A
7/8/2022Raymond JamesBoost TargetStrong-Buy$76.00 ➝ $85.00N/A
6/30/2022Jefferies Financial GroupBoost TargetBuy$80.00 ➝ $82.00Low
6/22/2022Credit Suisse GroupInitiated CoverageOutperform$78.00Low
6/2/2022Bank of AmericaUpgradeNeutral ➝ Buy$76.00 ➝ $78.00Low
6/1/2022Truist FinancialBoost TargetBuy$74.00 ➝ $77.00Low
5/10/2022JMP SecuritiesInitiated CoverageOutperform$81.00Low
4/1/2022Morgan StanleyInitiated CoverageOverweight$75.00Medium
2/24/2022Raymond JamesLower TargetStrong-Buy$83.00 ➝ $76.00High
2/24/2022Royal Bank of CanadaLower Target$80.00 ➝ $75.00High
2/23/2022Stifel NicolausLower TargetBuy$81.00 ➝ $80.50Low
2/8/2022Bank of AmericaInitiated CoverageNeutral$72.00Low
1/20/2022MizuhoLower Target$75.00 ➝ $69.00High
12/14/2021CitigroupDowngradeBuy ➝ Neutral$85.00 ➝ $75.00Low
11/30/2021MizuhoBoost TargetNeutral$75.00 ➝ $79.00High
9/17/2021Royal Bank of CanadaInitiated CoverageOutperform$80.00High
8/24/2021MizuhoBoost TargetNeutral$73.00 ➝ $79.00Medium
7/31/2021Truist FinancialBoost TargetBuy$78.00 ➝ $83.00Low
7/30/2021Truist FinancialBoost TargetBuy$78.00 ➝ $83.00Low
7/14/2021BTIG ResearchBoost TargetBuy$74.00 ➝ $78.00Medium
6/25/2021Wells Fargo & CompanyBoost TargetOverweight$75.00 ➝ $80.00High
6/3/2021MizuhoDowngradeBuy ➝ Neutral$73.00Medium
4/19/2021MizuhoBoost TargetBuy$67.00 ➝ $73.00High
4/9/2021Stifel NicolausBoost TargetBuy$73.50 ➝ $74.25Low
3/4/2021MizuhoDowngradeBuy ➝ Equal Weight$72.00 ➝ $67.00Low
10/12/2020BTIG ResearchInitiated CoverageBuy$74.00Low
10/2/2020Raymond JamesInitiated CoverageStrong-Buy$82.00Low
9/29/2020MizuhoInitiated CoverageBuy$71.00Low
8/6/2020Raymond JamesReiterated RatingBuyLow
7/10/2020Stifel NicolausReiterated RatingBuy$73.00High
7/2/2020CitigroupBoost TargetUnderweight ➝ Buy$70.00 ➝ $76.00Low
6/10/2020Wells Fargo & CompanyBoost TargetOverweight$67.00 ➝ $75.00High
6/2/2020Stifel NicolausReiterated RatingBuy$70.00High
4/21/2020Robert W. BairdLower TargetOutperform$84.00 ➝ $75.00High
4/19/2020Odeon Capital GroupInitiated CoverageBuy$72.00Medium
4/17/2020SunTrust BanksLower TargetBuy$79.00 ➝ $69.00Low
4/8/2020Odeon Capital GroupInitiated CoverageBuy$72.00Medium
4/7/2020CitigroupLower TargetBuy$82.00 ➝ $70.00Low
4/2/2020Wells Fargo & CompanyLower TargetOverweight$82.00 ➝ $67.00Low
3/20/2020Stifel NicolausLower TargetBuy$81.00 ➝ $70.00High
2/21/2020Robert W. BairdBoost TargetOutperform$79.00 ➝ $84.00High
12/13/2019CitigroupDowngradeBuy ➝ NeutralLow
12/12/2019CitigroupUpgradeNeutral ➝ Buy$78.00 ➝ $82.00High
12/5/2019Capital One FinancialInitiated CoverageOverweight$82.00Medium
10/1/2019Berenberg BankInitiated CoverageBuy$82.00Low
8/30/2019Wells Fargo & CompanyReiterated RatingBuy$82.00Low
3/18/2019Wells Fargo & CompanyBoost TargetOutperform$67.00 ➝ $75.00Low
3/4/2019Raymond JamesBoost TargetStrong-Buy ➝ Strong-Buy$68.00 ➝ $73.00Medium
2/27/2019CitigroupBoost TargetNeutral ➝ Neutral$61.00 ➝ $66.00Low
2/11/2019LADENBURG THALM/SH SHDowngradeBuy ➝ NeutralLow
1/8/2019Raymond JamesUpgradeOutperform ➝ Strong-BuyHigh
12/13/2018Jefferies Financial GroupUpgradeHold ➝ Buy$60.00 ➝ $70.00High
12/11/2018CitigroupBoost TargetNeutral ➝ Neutral$57.00 ➝ $61.00Low
12/10/2018Raymond JamesBoost TargetOutperform ➝ Outperform$59.00 ➝ $68.00Low
9/17/2018Jefferies Financial GroupSet TargetHold$58.00Low
9/10/2018Stifel NicolausBoost TargetBuy ➝ Buy$56.00 ➝ $57.00Medium
9/4/2018Wells Fargo & CompanySet TargetBuy$57.00 ➝ $63.00Medium
8/7/2018SunTrust BanksSet TargetBuy$57.00Low
7/24/2018Stifel NicolausBoost TargetBuy ➝ Buy$55.00 ➝ $56.00Low
(Data available from 3/26/2018 forward)

News Sentiment Rating

1.42 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 8 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/28/2022
  • 7 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2022
  • 10 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2022
  • 10 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2022
  • 7 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2022
  • 16 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2023
  • 22 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2023
  • 15 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2023

Current Sentiment

  • 15 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Agree Realty logo
Agree Realty Corp. is a real estate investment trust, which focuses on the ownership, development, acquisition, and management of retail properties net leased to national tenants. It specializes in acquiring and developing net leased retail properties for retail tenants. The company was founded by Richard Agree in 1971 and is headquartered in Bloomfield Hills, MI.
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Today's Range

Now: $67.09
Low: $64.65
High: $67.11

50 Day Range

MA: $71.80
Low: $64.94
High: $74.86

52 Week Range

Now: $67.09
Low: $63.34
High: $80.44

Volume

674,630 shs

Average Volume

837,675 shs

Market Capitalization

$6.05 billion

P/E Ratio

36.66

Dividend Yield

4.43%

Beta

0.46

Frequently Asked Questions

What sell-side analysts currently cover shares of Agree Realty?

The following Wall Street research analysts have issued stock ratings on Agree Realty in the last year: Bank of America Co., Citigroup Inc., Credit Suisse Group AG, Jefferies Financial Group Inc., JMP Securities, Mizuho, Morgan Stanley, Raymond James, Royal Bank of Canada, Stifel Nicolaus, StockNews.com, and Truist Financial Co..
View the latest analyst ratings for ADC.

What is the current price target for Agree Realty?

11 Wall Street analysts have set twelve-month price targets for Agree Realty in the last year. Their average twelve-month price target is $78.23, suggesting a possible upside of 16.6%. Royal Bank of Canada has the highest price target set, predicting ADC will reach $83.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $73.00 for Agree Realty in the next year.
View the latest price targets for ADC.

What is the current consensus analyst rating for Agree Realty?

Agree Realty currently has 2 hold ratings, 6 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe ADC will outperform the market and that investors should add to their positions of Agree Realty.
View the latest ratings for ADC.

What other companies compete with Agree Realty?

Other companies that are similar to Agree Realty include Federal Realty Investment Trust, National Retail Properties, Kite Realty Group Trust, Macerich and Tanger Factory Outlet Centers. Learn More about companies similar to Agree Realty.

How do I contact Agree Realty's investor relations team?

Agree Realty's physical mailing address is 70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI, 48304. The real estate investment trust's listed phone number is (248) 737-4190 and its investor relations email address is [email protected] The official website for Agree Realty is www.agreerealty.com. Learn More about contacing Agree Realty investor relations.