Equity Research firms currently have a positive stance on shares of Agree Realty Corp. (NYSE:ADC). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.30. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $53.86 on a short term basis.
At the time of writing, the stock was trading at $45.54. This represents a change from the opening price of -0.52%. In terms of performance, year to date, the stock is 38.59%. The monthly stock performance comes in at -5.79%. For the quarter, shares are performing at -6.46%. Weekly performance analysis shows the equity at -8.15%.
In taking a look at technical levels, shares are trading -5.02% away from the 50 day simple moving average and 9.78% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -10.42% away from it’s 52- week high and 58.39% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Agree Realty Corp.’s RSI stands at 35.68. In looking at volatility levels, the shares saw weekly volatility of 3.13% and 2.42% over the past month.