
Agree Realty (ADC) Stock Forecast & Price Target
Agree Realty (ADC) Analyst Ratings
Bulls say
Agree Realty is a strong net lease company with a high-quality portfolio and a strong balance sheet, which positions them well for success in the long-term. With a diverse and well-located tenant base and a strong acquisition pipeline, we expect mid-single-digit AFFO/sh growth and a high valuation for the company. Risks include economic trends, credit risk, and possible spread contraction, but these are mitigated by the company's strong management and focus on recession-resistant retail categories.
Bears say
Agree Realty is likely to face increased risks as it continues to focus on retail properties, particularly those leased to industry-tenants such as Walmart, which are more susceptible to economic downturns and shifts in shopping preferences. This, combined with a potential increase in credit issues and slower acquisition volumes, could result in a decline in earnings and a lower multiple for the stock. Additionally, while ADC has taken steps towards sustainability, it may still face criticism and potential challenges in this area from stakeholders in the future.
This aggregate rating is based on analysts' research of Agree Realty and is not a guaranteed prediction by Public.com or investment advice.
Agree Realty (ADC) Analyst Forecast & Price Prediction
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