Blurbs

Agree Realty (ADC) Receives a Hold from Mizuho Securities

In a report issued on August 2, Haendel St. Juste from Mizuho Securities maintained a Hold rating on Agree Realty (ADCResearch Report), with a price target of $75.00. The company’s shares closed last Thursday at $75.86.

According to TipRanks.com, Juste is a 4-star analyst with an average return of 6.4% and a 58.8% success rate. Juste covers the Financial sector, focusing on stocks such as Essential Properties Realty, Phillips Edison & Company, and Associated Capital Group.

Currently, the analyst consensus on Agree Realty is a Strong Buy with an average price target of $79.71.

See the top stocks recommended by analysts >>

Based on Agree Realty’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $98.34 million and net profit of $36.11 million. In comparison, last year the company earned revenue of $77.83 million and had a net profit of $30.11 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Agree Realty Corp. is a real estate investment trust, which focuses on the ownership, development, acquisition, and management of retail properties net leased to national tenants. It specializes in acquiring and developing net leased retail properties for retail tenants. The company was founded by Richard Agree in 1971 and is headquartered in Bloomfield Hills, MI.

Read More on ADC:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos