Acadia Realty Trust with ticker code (AKR) have now 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 21 and 13 calculating the average target price we see 16.67. Now with the previous closing price of 14.7 this would indicate that there is a potential upside of 13.4%. The 50 day moving average now sits at 14.21 and the 200 moving average now moves to 17.09. The company has a market cap of $1,432m. You can visit the company’s website by visiting: https://www.acadiarealty.com
The potential market cap would be $1,624m based on the market concensus.
Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual Core Portfolio and Fund operating platforms and its disciplined, location-driven investment strategy. Acadia Realty Trust is accomplishing this goal by building a best-in-class core real estate portfolio with meaningful concentrations of assets in the nation’s most dynamic corridors; making profitable opportunistic and value-add investments through its series of discretionary, institutional funds; and maintaining a strong balance sheet.
