Acadia Realty Trust with ticker code (AKR) have now 6 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 21 and 15 calculating the mean target price we have 16.83. Given that the stocks previous close was at 14.8 this is indicating there is a potential upside of 13.7%. The 50 day MA is 14.83 while the 200 day moving average is 15.86. The company has a market capitalisation of $1,504m. Visit the company website at: https://www.acadiarealty.com
The potential market cap would be $1,710m 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.
