Acadia Realty Trust with ticker code (AKR) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 27 and 23 and has a mean target at 24.71. With the stocks previous close at 21.75 this would indicate that there is a potential upside of 13.6%. The 50 day moving average now sits at 21.44 while the 200 day moving average is 21.3. The company has a market cap of $2,068m. Find out more information at: https://www.acadiarealty.com
The potential market cap would be $2,350m 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.
