Risk factor
Negligible price volatility
Profitability factor
Greatly overvalued vs peers
About
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of September 30, 2020, the Company owned and operated a portfolio of 1,027 properties, located in 45 states and containing approximately 21.0 million square feet of gross leasable...
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITDA, re
Target Price
The average target price of ADC is 87 and suggests 22% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
Buy
Sell