Agree Realty Corporation (NYSE:ADC) had its Outperform rating reiterated by Wells Fargo & Co with a $75.00 price target

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

Today, Wells Fargo & Co reiterated its Outperform rating on Agree Realty Corporation (NYSE:ADC) with a price target of $75.00.

There are 4 Buy Ratings, 2 Hold Ratings, 1 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 $66.3333 per share, a potential 1.15% upside.

Some recent analyst ratings include

  • 3/18/2019-Agree Realty Corporation (NYSE:ADC) had its Outperform rating reiterated by Wells Fargo & Co with a $75.00 price target
  • 2/11/2019-Agree Realty Corporation (NYSE:ADC) gets downgraded to Neutral by LADENBURG THALM/SH SH
  • 12/13/2018-Agree Realty Corporation (NYSE:ADC) gets upgraded to Buy by Jefferies Financial Group with a price target of $70.00
  • On 12/28/2018 John Rakolta Jr, Director, bought 162 with an average share price of $59.39 per share and the total transaction amounting to $9,621.18.
  • On 12/28/2018 John Rakolta Jr, Director, bought 162 with an average share price of $59.39 per share and the total transaction amounting to $9,621.18.
  • 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.

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 December 31, 2018, the Company owned and operated a portfolio of 645 properties, located in 46 states and containing approximately 11.2 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 65.62 −0.24 0.36% with 66.54 shares trading hands.