Analysts’ Opinions Are Mixed on These Financial Stocks: Diamondrock (DRH) and Agree Realty Corp (ADC)


Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Diamondrock (DRH) and Agree Realty Corp (ADC).

Diamondrock (DRH)

Diamondrock received a Sell rating from Wells Fargo analyst Jeffrey Donnelly yesterday. The company’s shares closed yesterday at $9.87, close to its 52-week low of $9.80.

According to TipRanks.com, Donnelly is a 4-star analyst with an average return of 5.5% and a 60.5% success rate. Donnelly covers the Financial sector, focusing on stocks such as Apartment Investment & Management, Hersha Hospitality Trust, and Host Hotels & Resorts.

The word on The Street in general, suggests a Hold analyst consensus rating for Diamondrock with a $11.67 average price target.

See today’s analyst top recommended stocks >>

Agree Realty Corp (ADC)

In a report released yesterday, Todd Stender from Wells Fargo maintained a Buy rating on Agree Realty Corp. The company’s shares closed yesterday at $61.51, close to its 52-week high of $62.68.

Stender has an average return of 17.5% when recommending Agree Realty Corp.

According to TipRanks.com, Stender is ranked #926 out of 5108 analysts.

Currently, the analyst consensus on Agree Realty Corp is a Strong Buy with an average price target of $63.75, which is a 3.6% upside from current levels. In a report released yesterday, Raymond James also maintained a Buy rating on the stock with a $68 price target.

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