Agree Realty Corporation (NYSE:ADC) gets upgraded to Buy by Jefferies Financial Group

ME Staff
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Analyst Ratings For Agree Realty Corporation (NYSE:ADC)

Today, Agree Realty Corporation (NYSE:ADC) stock received an upgrade by Jefferies Financial Group from Hold to Buy.

There are 7 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Agree Realty Corporation (NYSE:ADC) is Buy with a consensus target price of $59.6250 per share, a potential 1.64% downside.

Some recent analyst ratings include

  • 12/13/2018-Agree Realty Corporation (NYSE:ADC) gets upgraded to Buy by Jefferies Financial Group


  • On 11/7/2018 Laith Hermiz, COO, sold 3,500 with an average share price of $58.00 per share and the total transaction amounting to $203,000.00.
  • On 9/6/2018 Richard Agree, Insider, bought 6,000 with an average share price of $54.77 per share and the total transaction amounting to $328,620.00.
  • On 9/5/2018 John Rakolta, Jr., Director, bought 13,274 with an average share price of $54.80 per share and the total transaction amounting to $727,415.20.
  • On 7/24/2018 John Rakolta Jr, Director, bought 220 with an average share price of $52.65 per share and the total transaction amounting to $11,583.00.
  • On 3/1/2018 John Rakolta Jr, Director, bought 12,500 with an average share price of $47.19 per share and the total transaction amounting to $589,875.00.
  • On 12/11/2017 Clayton R Thelen, CFO, bought 1,010 with an average share price of $49.56 per share and the total transaction amounting to $50,055.60.
  • On 11/30/2017 John Rakolta Jr, Director, bought 3,300 with an average share price of $49.67 per share and the total transaction amounting to $163,911.00.

About Agree Realty Corporation (NYSE:ADC)
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, 2018, the Company owned and operated a portfolio of 520 properties, located in 45 states and containing approximately 10.0 million square feet of gross leasable space. The common stock of Agree Realty Corporation is listed on the New York Stock Exchange under the symbol "ADC".

Recent Trading Activity for Agree Realty Corporation (NYSE:ADC)
Shares of Agree Realty Corporation closed the previous trading session at 60,62 −1,64 2,63 % with 60.6 shares trading hands.