Key Takeaways
- Keybanc maintains an "Overweight" rating on Agree Realty ADC.
- Price target raised from $80 to $82, indicating a 2.50% increase.
Today, Keybanc's analyst Upal Rana announced a revised price target for Agree Realty (ADC), raising it from $80.00 to $82.00 USD. The firm maintained its "Overweight" rating, reflecting optimism about the stock's potential performance. This update marks a 2.50% increase in the target price.
Historical Ratings
- October 23, 2025: RBC Capital's Brad Heffern raised the price target from $79.00 to $80.00, maintaining an "Outperform" rating.
- September 15, 2025: Evercore ISI Group's James Kammert lifted the price target from $83.00 to $85.00, maintaining an "Outperform" rating.
- September 11, 2025: Mizuho's Haendel St. Juste lowered the price target from $78.00 to $77.00, maintaining a "Neutral" rating.
- August 20, 2025: Barclays' Richard Hightower decreased the price target from $78.00 to $77.00, maintaining an "Equal-Weight" rating.
- August 12, 2025: UBS's Michael Goldsmith raised the price target from $80.00 to $82.00, maintaining a "Buy" rating.
Agree Realty Corporation operates as a fully integrated real estate investment trust mainly focused on the ownership, acquisition, development and management of retail properties net leased to industry-tenants. The Company is mainly in the business of acquiring, developing and managing retail real estate. Some of its properties in the portfolio include Walmart, 7-Eleven, Wawa, Gerber Collision and others.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Agree Realty Corp ADC is $82.11 with a high estimate of $91.00 and a low estimate of $75.00. The average target implies an upside of 9.27% from the current price of $75.14. More detailed estimate data can be found on the Agree Realty Corp (ADC) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Agree Realty Corp's ADC average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Agree Realty Corp ADC in one year is $84.39, suggesting a upside of 12.31% from the current price of $75.14. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Agree Realty Corp (ADC) Summary page.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
