Agree Realty (ADC): are the analysts right?

May 19, 26

■ Equal-Weight neutral · not a buy · 🎯$84

Price at call : $75.61 — gap to target +11%

Today : $76.2 — gap to target +10%

🎯 on ADC : 0% (1 call matured) · 📊 on Real estate : 48.6% · -1.3% (105 calls)

in progress (365j)
matures : May 19, 27

May 13, 26

■ Neutral neutral · not a buy · 🎯$80

Price at call : $75.16 — gap to target +6%

Today : $76.2 — gap to target +5%

🎯 on ADC : no call matured yet · 📊 on Real estate : 47.5% · -1.7% (61 calls)

in progress (365j)
matures : May 13, 27

Citigroup ↗

Apr 24, 26

■ Neutral neutral · not a buy · 🎯$82.5

Price at call : $75.98 — gap to target +9%

Today : $76.2 — gap to target +8%

🎯 on ADC : no call matured yet · 📊 on Real estate : 45.5% · -9.2% (44 calls)

in progress (365j)
matures : Apr 24, 27

Apr 23, 26

▲ Outperform · 🎯$82

Price at call : $76.69 — upside +7%

Today : $76.2 — upside +8%

🎯 on ADC : 100% (3 calls matureds) · 📊 on Real estate : 51% · +3.0% (98 calls)

in progress (365j)
matures : Apr 23, 27

Baird ↗

Apr 22, 26

▲ Outperform · 🎯$82

Price at call : $77.25 — upside +6%

Today : $76.2 — upside +8%

🎯 on ADC : 0% (1 call matured) · 📊 on Real estate : 50% · +2.5% (54 calls)

in progress (365j)
matures : Apr 22, 27

Apr 21, 26

■ Equal-Weight neutral · not a buy · 🎯$86

Price at call : $78.86 — gap to target +9%

Today : $76.2 — gap to target +13%

🎯 on ADC : 0% (1 call matured) · 📊 on Real estate : 48.6% · -1.3% (105 calls)

in progress (365j)
matures : Apr 21, 27

BMO Capital ↗

Apr 17, 26

■ Market Perform neutral · not a buy · 🎯$86

Price at call : $79.46 — gap to target +8%

Today : $76.2 — gap to target +13%

🎯 on ADC : no call matured yet · 📊 on Real estate : 41.5% · -0.3% (41 calls)

in progress (365j)
matures : Apr 17, 27

Mar 23, 26

▲ Buy · 🎯$82

Price at call : $75.24 — upside +9%

Today : $76.2 — upside +8%

🎯 on ADC : 0% (1 call matured) · 📊 on Real estate : 57.3% · +9.4% (75 calls)

in progress (365j)
matures : Mar 23, 27

Mar 17, 26

▲ Outperform · 🎯$87

Price at call : $79.07 — upside +10%

Today : $76.2 — upside +14%

🎯 on ADC : 100% (1 call matured) · 📊 on Real estate : 49.3% · -0.1% (69 calls)

in progress (365j)
matures : Mar 17, 27

Raymond James ↗

Mar 17, 26

▲ Strong Buy · 🎯$90

Price at call : $79.07 — upside +14%

Today : $76.2 — upside +18%

🎯 on ADC : no call matured yet · 📊 on Real estate : 51.7% · +3.8% (174 calls)

in progress (365j)
matures : Mar 17, 27

Mar 13, 26

■ Equal-Weight neutral · not a buy · 🎯$81

Price at call : $79.79 — gap to target +2%

Today : $76.2 — gap to target +6%

🎯 on ADC : 0% (1 call matured) · 📊 on Real estate : 48.6% · -1.3% (105 calls)

in progress (365j)
matures : Mar 13, 27

Mar 11, 26

■ Neutral neutral · not a buy · 🎯$86

Price at call : $79.85 — gap to target +8%

Today : $76.2 — gap to target +13%

🎯 on ADC : no call matured yet · 📊 on Real estate : 47.5% · -1.7% (61 calls)

in progress (365j)
matures : Mar 11, 27

Mar 9, 26

▲ Buy · 🎯$91

Price at call : $80.49 — upside +13%

Today : $76.2 — upside +19%

🎯 on ADC : 100% (1 call matured) · 📊 on Real estate : 53.8% · +10.3% (26 calls)

in progress (365j)
matures : Mar 9, 27

Feb 12, 26

▲ Outperform · 🎯$81

Price at call : $78.08 — upside +4%

Today : $76.2 — upside +6%

🎯 on ADC : 100% (3 calls matureds) · 📊 on Real estate : 51% · +3.0% (98 calls)

in progress (365j)
matures : Feb 12, 27

Stifel ↗

Feb 11, 26

▲ Buy · 🎯$84.5

Price at call : $76.58 — upside +10%

Today : $76.2 — upside +11%

🎯 on ADC : 100% (2 calls matureds) · 📊 on Real estate : 50.5% · +0.4% (93 calls)

in progress (365j)
matures : Feb 11, 27

Jan 6, 26

▲ Outperform · 🎯$79

Price at call : $70.46 — upside +12%

Today : $76.2 — upside +4%

🎯 on ADC : 100% (3 calls matureds) · 📊 on Real estate : 51% · +3.0% (98 calls)

in progress (365j)
matures : Jan 6, 27

Dec 17, 25

■ Neutral neutral · not a buy · 🎯$75

Price at call : $72.17 — gap to target +4%

Today : $76.2 — gap to target -2%

🎯 on ADC : no call matured yet · 📊 on Real estate : 47.5% · -1.7% (61 calls)

in progress (365j)
matures : Dec 17, 26

Dec 15, 25

▲ Outperform · 🎯$83

Price at call : $71.06 — upside +17%

Today : $76.2 — upside +9%

🎯 on ADC : 100% (1 call matured) · 📊 on Real estate : 49.3% · -0.1% (69 calls)

in progress (365j)
matures : Dec 15, 26

Dec 3, 25

■ Equal-Weight neutral · not a buy · 🎯$78

Price at call : $74.38 — gap to target +5%

Today : $76.2 — gap to target +2%

🎯 on ADC : 0% (1 call matured) · 📊 on Real estate : 48.6% · -1.3% (105 calls)

in progress (365j)
matures : Dec 3, 26

Wells Fargo ↗

Nov 25, 25

▲ Overweight · 🎯$83

Price at call : $75.14 — upside +10%

Today : $76.2 — upside +9%

🎯 on ADC : 100% (1 call matured) · 📊 on Real estate : 52.8% · +1.9% (127 calls)

in progress (365j)
matures : Nov 25, 26

Oct 24, 25

▲ Buy · 🎯$82

Price at call : $74.96 — upside +9%

Today : $76.2 — upside +8%

🎯 on ADC : 0% (1 call matured) · 📊 on Real estate : 57.3% · +9.4% (75 calls)

in progress (365j)
matures : Oct 24, 26

Keybanc ↗

Oct 24, 25

▲ Overweight · 🎯$82

Price at call : $74.8 — upside +10%

Today : $76.2 — upside +8%

🎯 on ADC : no call matured yet · 📊 on Real estate : 54.9% · +9.9% (71 calls)

in progress (365j)
matures : Oct 24, 26

Oct 23, 25

▲ Outperform · 🎯$80

Price at call : $75.14 — upside +6%

Today : $76.2 — upside +5%

🎯 on ADC : 100% (3 calls matureds) · 📊 on Real estate : 51% · +3.0% (98 calls)

in progress (365j)
matures : Oct 23, 26

Sep 15, 25

▲ Outperform · 🎯$85

Price at call : $72.96 — upside +17%

Today : $76.2 — upside +12%

🎯 on ADC : 100% (1 call matured) · 📊 on Real estate : 49.3% · -0.1% (69 calls)

in progress (365j)
matures : Sep 15, 26

Sep 11, 25

■ Neutral neutral · not a buy · 🎯$77

Price at call : $73.74 — gap to target +4%

Today : $76.2 — gap to target +1%

🎯 on ADC : no call matured yet · 📊 on Real estate : 47.5% · -1.7% (61 calls)

in progress (365j)
matures : Sep 11, 26

Aug 20, 25

■ Equal-Weight neutral · not a buy · 🎯$77

Price at call : $74.04 — gap to target +4%

Today : $76.2 — gap to target +1%

🎯 on ADC : 0% (1 call matured) · 📊 on Real estate : 48.6% · -1.3% (105 calls)

in progress (365j)
matures : Aug 20, 26

Aug 12, 25

▲ Buy · 🎯$82

Price at call : $72.27 — upside +13%

Today : $76.2 — upside +8%

🎯 on ADC : 100% (1 call matured) · 📊 on Real estate : 53.8% · +10.3% (26 calls)

in progress (365j)
matures : Aug 12, 26

Aug 8, 25

▲ Buy · 🎯$84

Price at call : $72.87 — upside +15%

Today : $76.2 — upside +10%

🎯 on ADC : 0% (1 call matured) · 📊 on Real estate : 57.3% · +9.4% (75 calls)

in progress (365j)
matures : Aug 8, 26

Jul 22, 25

■ Equal-Weight neutral · not a buy · 🎯$78

Price at call : $73.6 — gap to target +6%

Today : $76.2 — gap to target +2%

🎯 on ADC : 0% (1 call matured) · 📊 on Real estate : 48.6% · -1.3% (105 calls)

in progress (365j)
matures : Jul 22, 26

Jul 16, 25

▲ Buy · 🎯$80

Price at call : $71.85 — upside +11%

Today : $76.2 — upside +5%

🎯 on ADC : 100% (1 call matured) · 📊 on Real estate : 53.8% · +10.3% (26 calls)

in progress (365j)
matures : Jul 16, 26

JMP Securities

Jun 30, 25

■ Market Perform neutral · not a buy

🎯 on ADC : no call matured yet · 📊 unranked overall

in progress (365j)
matures : Jun 30, 26

Jun 16, 25

■ Neutral neutral · not a buy · 🎯$78

Price at call : $74.65 — gap to target +4%

Today : $76.2 — gap to target +2%

🎯 on ADC : no call matured yet · 📊 on Real estate : 47.5% · -1.7% (61 calls)

in progress (365j)
matures : Jun 16, 26

May 21, 25

■ Equal-Weight neutral · not a buy · 🎯$77

Price at call : $74.5 — gap to target +3%

Today : $76.2 — gap to target +1%

🎯 on ADC : 0% (1 call matured) · 📊 on Real estate : 48.6% · -1.3% (105 calls)

in progress (365j)
matures : May 21, 26

JMP Securities

May 16, 25

■ Market Perform neutral · not a buy

🎯 on ADC : no call matured yet · 📊 unranked overall

in progress (365j)
matures : May 16, 26

May 13, 25

▲ Buy · 🎯$84

Price at call : $72.42 — upside +16%

Today : $76.2 — upside +10%

Expected +16% · Actual +4% · Reason (≥ +15%) : ✗ No

🎯 on ADC : 100% (1 call matured) · 📊 on Real estate : 53.8% · +10.3% (26 calls)

+4.0%

stock +4% · XLRE +8%

BTIG ↗

May 7, 25

■ Neutral neutral · not a buy

🎯 on ADC : no call matured yet · 📊 on Real estate : 43.8% · -2.2% (16 calls)

in progress (365j)
matures : May 7, 26

May 5, 25

▲ Buy · 🎯$82

Price at call : $76.66 — upside +7%

Today : $76.2 — upside +8%

Expected +7% · Actual -0% · Reason (≥ +15%) : ✗ No

🎯 on ADC : 0% (1 call matured) · 📊 on Real estate : 57.3% · +9.4% (75 calls)

-0.2%

stock -0% · XLRE +8%

JMP Securities

Apr 30, 25

■ Market Perform neutral · not a buy

🎯 on ADC : no call matured yet · 📊 unranked overall

in progress (365j)
matures : Apr 30, 26

Baird ↗

Apr 25, 25

▲ Outperform · 🎯$80

Price at call : $76.43 — upside +5%

Today : $76.2 — upside +5%

Expected +5% · Actual -1% · Reason (≥ +15%) : ✗ No

🎯 on ADC : 0% (1 call matured) · 📊 on Real estate : 50% · +2.5% (54 calls)

-0.6%

stock -1% · XLRE +7%

Apr 24, 25

▲ Outperform · 🎯$83

Price at call : $76.29 — upside +9%

Today : $76.2 — upside +9%

Expected +9% · Actual +1% · Reason (≥ +15%) : ✗ No

🎯 on ADC : 100% (1 call matured) · 📊 on Real estate : 49.3% · -0.1% (69 calls)

+0.5%

stock +1% · XLRE +8%

Stifel ↗

Apr 23, 25

▲ Buy · 🎯$82.5

Price at call : $76.29 — upside +8%

Today : $76.2 — upside +8%

Expected +8% · Actual +1% · Reason (≥ +15%) : ✗ No

🎯 on ADC : 100% (2 calls matureds) · 📊 on Real estate : 50.5% · +0.4% (93 calls)

+0.5%

stock +1% · XLRE +8%

Apr 3, 25

■ Neutral neutral · not a buy · 🎯$81

Price at call : $74.46 — gap to target +9%

Today : $76.2 — gap to target +6%

🎯 on ADC : no call matured yet · 📊 on Real estate : 47.5% · -1.7% (61 calls)

in progress (365j)
matures : Apr 3, 26

Wells Fargo ↗

Mar 10, 25

▲ Overweight · 🎯$81

Price at call : $75.91 — upside +7%

Today : $76.2 — upside +6%

Expected +7% · Actual +5% · Reason (≥ +15%) : ✗ No

🎯 on ADC : 100% (1 call matured) · 📊 on Real estate : 52.8% · +1.9% (127 calls)

+5.2%

stock +5% · XLRE +2%

Mar 4, 25

■ Equal-Weight neutral · not a buy · 🎯$75

Price at call : $74.19 — gap to target +1%

Today : $76.2 — gap to target -2%

🎯 on ADC : 0% (1 call matured) · 📊 on Real estate : 48.6% · -1.3% (105 calls)

in progress (365j)
matures : Mar 4, 26

Feb 13, 25

▲ Outperform · 🎯$78

Price at call : $71 — upside +10%

Today : $76.2 — upside +2%

Expected +10% · Actual +12% · Reason (≥ +15%) : ✗ No

🎯 on ADC : 100% (3 calls matureds) · 📊 on Real estate : 51% · +3.0% (98 calls)

+11.5%

stock +12% · XLRE +4%

Feb 4, 25

▼ Underweight · 🎯$74

Price at call : $72.43 — upside +2%

Today : $76.2 — upside -3%

Expected +2% · Actual +2% · Reason (≤ −15%) : ✗ No

🎯 on ADC : 0% (1 call matured) · 📊 on Real estate : 48.6% · -1.3% (105 calls)

-2.0%

stock +2% · XLRE +0%

Jan 28, 25

▲ Outperform · 🎯$79

Price at call : $71.86 — upside +10%

Today : $76.2 — upside +4%

Expected +10% · Actual +0% · Reason (≥ +15%) : ✗ No

🎯 on ADC : 100% (3 calls matureds) · 📊 on Real estate : 51% · +3.0% (98 calls)

+0.1%

stock +0% · XLRE +1%

Jan 8, 25

■ Neutral neutral · not a buy · 🎯$74

Price at call : $68.36 — gap to target +8%

Today : $76.2 — gap to target -3%

🎯 on ADC : no call matured yet · 📊 on Real estate : 47.5% · -1.7% (61 calls)

in progress (365j)
matures : Jan 8, 26

Stifel ↗

Jan 7, 25

▲ Buy · 🎯$81

Price at call : $69.69 — upside +16%

Today : $76.2 — upside +6%

Expected +16% · Actual +2% · Reason (≥ +15%) : ✗ No

🎯 on ADC : 100% (2 calls matureds) · 📊 on Real estate : 50.5% · +0.4% (93 calls)

+1.6%

stock +2% · XLRE +1%

Jan 7, 25

▲ Outperform · 🎯$79

Price at call : $69.69 — upside +13%

Today : $76.2 — upside +4%

Expected +13% · Actual +2% · Reason (≥ +15%) : ✗ No

🎯 on ADC : 100% (3 calls matureds) · 📊 on Real estate : 51% · +3.0% (98 calls)

+1.6%

stock +2% · XLRE +1%

Nov 26, 13

▲ Buy · 🎯$35

Price at call : $29.63 — upside +18%

Today : $76.2 — upside -54%

Expected +18% · Actual +4% · Reason (≥ +15%) : ✗ No

🎯 on ADC : 57% (7 calls matureds) · 📊 on Real estate : 61.9% · +9.9% (21 calls)

+3.6%

stock +4% · XLRE +0%

Oct 4, 13

▲ Buy · 🎯$36

Price at call : $29.99 — upside +20%

Today : $76.2 — upside -53%

Expected +20% · Actual -8% · Reason (≥ +15%) : ✗ No

🎯 on ADC : 57% (7 calls matureds) · 📊 on Real estate : 61.9% · +9.9% (21 calls)

-8.0%

stock -8% · XLRE +0%

Aug 1, 13

▲ Buy · 🎯$34.5

Price at call : $29.5 — upside +17%

Today : $76.2 — upside -55%

Expected +17% · Actual -2% · Reason (≥ +15%) : ✗ No

🎯 on ADC : 57% (7 calls matureds) · 📊 on Real estate : 61.9% · +9.9% (21 calls)

-1.6%

stock -2% · XLRE +0%

May 2, 13

▲ Buy · 🎯$34

Price at call : $30.22 — upside +13%

Today : $76.2 — upside -55%

Expected +13% · Actual -2% · Reason (≥ +15%) : ✗ No

🎯 on ADC : 57% (7 calls matureds) · 📊 on Real estate : 61.9% · +9.9% (21 calls)

-1.9%

stock -2% · XLRE +0%

Ladenburg Thalmann ↗

Mar 27, 13

▲ Buy · 🎯$32

Price at call : $28.6 — upside +12%

Today : $76.2 — upside -58%

Expected +12% · Actual +6% · Reason (≥ +15%) : ✗ No

🎯 on ADC : 100% (1 call matured) · 📊 on Real estate : 66.7% · +8.9% (6 calls)

+5.5%

stock +6% · XLRE +0%

Mar 4, 13

▲ Buy · 🎯$32

Price at call : $28.72 — upside +11%

Today : $76.2 — upside -58%

Expected +11% · Actual +10% · Reason (≥ +15%) : ✗ No

🎯 on ADC : 57% (7 calls matureds) · 📊 on Real estate : 61.9% · +9.9% (21 calls)

+10.3%

stock +10% · XLRE +0%

Oct 5, 12

▲ Buy · 🎯$31

Price at call : $26.45 — upside +17%

Today : $76.2 — upside -59%

Expected +17% · Actual +12% · Reason (≥ +15%) : ✗ No

🎯 on ADC : 57% (7 calls matureds) · 📊 on Real estate : 61.9% · +9.9% (21 calls)

+12.1%

stock +12% · XLRE +0%