Agree Realty Corporation (NYSE:ADC)
December 6th, 2018
Agree Realty Corporation closed the day up $2.89 Thursday which equals a 4.86% increase, closing at $62.39. Furthermore it hit a new 52 week high of $62.55.
ADC outperformed the rest of the Real Estate sector which went up 2.67% today.
Forecasts from 9 analysts suggest that Agree Realty Corporation could go up somewhat (1.88%), while Finbox has calculated (with low uncertainty) a fair value price of $58.55.
The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.67%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector falling 13%.
Communication Services saw the biggest turnaround from its 5-day performance of -0.23%, as it went up 1.04%. Energy and Materials experienced turn arounds from their five day positive performance, Energy with a drop of 1.77%.
- Real Estate went up with a 2.67% change.
- Communication Services went up with a 1.04% change.
- Consumer Discretionary went up with a 0.61% change.
- Information Technology went up with a 0.23% change.
- Utilities went down with a -0.09% change.
- Consumer Staples went down with a -0.10% change.
- Healthcare went down with a -0.31% change.
- Industrials went down with a -0.55% change.
- Materials went down with a -1.38% change.
- Financials went down with a -1.44% change.
- Energy went down with a -1.77% change.
Agree Realty Corporation Info
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”.
All amounts in USD unless otherwise indicated
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