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Analysts Offer Insights on Real Estate Companies: Agree Realty (ADC), Vicinity Centres (OtherCNRAF) and Mirvac Group (OtherMRVGF)

Analysts have been eager to weigh in on the Real Estate sector with new ratings on Agree Realty (ADCResearch Report), Vicinity Centres (CNRAFResearch Report) and Mirvac Group (MRVGFResearch Report).

Agree Realty (ADC)

In a report issued on April 26, Simon Yarmak from Stifel Nicolaus maintained a Buy rating on Agree Realty, with a price target of $67.50. The company’s shares closed last Tuesday at $57.22.

According to TipRanks.com, Yarmak is a 5-star analyst with an average return of 8.7% and a 54.9% success rate. Yarmak covers the NA sector, focusing on stocks such as Alpine Income Property Trust Inc, Essential Properties Realty, and Host Hotels & Resorts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Agree Realty with a $65.86 average price target, representing a 14.8% upside. In a report issued on April 15, Jefferies also maintained a Buy rating on the stock with a $65.00 price target.

See the top stocks recommended by analysts >>

Vicinity Centres (CNRAF)

Citi analyst Howard Penny maintained a Hold rating on Vicinity Centres today and set a price target of A$2.10. The company’s shares closed last Friday at $1.18.

According to TipRanks.com, Penny is a 1-star analyst with an average return of -1.8% and a 47.2% success rate. Penny covers the NA sector, focusing on stocks such as Goodman Group, Scentre Group, and GPT Group.

Currently, the analyst consensus on Vicinity Centres is a Hold with an average price target of $1.36.

Mirvac Group (MRVGF)

In a report released today, Suraj Nebhani from Citi maintained a Hold rating on Mirvac Group, with a price target of A$2.30. The company’s shares closed last Wednesday at $1.45.

Nebhani has an average return of 6.0% when recommending Mirvac Group.

According to TipRanks.com, Nebhani is ranked #7458 out of 8800 analysts.

Mirvac Group has an analyst consensus of Hold, with a price target consensus of $1.58.

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