Agree Realty Corporation (NYSE:ADC) price target raised to $57.00 by Stifel Nicolaus

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

Today, Stifel Nicolaus raised its price target on Agree Realty Corporation (NYSE:ADC) to $57.00 per share.

There are 6 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 $57.00 per share, a potential 4.22% upside.

Some recent analyst ratings include

  • 3/1/2018-Agree Realty Corporation (NYSE:ADC) had its Neutral rating reiterated by Jefferies Financial Group
  • 10/24/2017-Agree Realty Corporation (NYSE:ADC) had its Buy rating reiterated by FBR & Co with a $58.00 price target

Recent Insider Trading Activity For Agree Realty Corporation (NYSE:ADC)
Agree Realty Corporation (NYSE:ADC) has insider ownership of 3.70% and institutional ownership of 96.31%.

  • 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.
  • On 5/17/2017 Merrie S Frankel, Director, bought 100 with an average share price of $45.12 per share and the total transaction amounting to $4,512.00.

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 June 30, 2018, the Company owned and operated a portfolio of 481 properties, located in 44 states and containing approximately 9.3 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 54,94 +0,20 0,37 % with 55.2 shares trading hands.