Acadia Realty Trust with ticker code (AKR) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 26 and 22 with the average target price sitting at 24.29. With the stocks previous close at 20.94 this would imply there is a potential upside of 16.0%. The 50 day moving average now sits at 20.86 and the 200 day MA is 21.37. The company has a market capitalisation of $2,007m. Visit the company website at: https://www.acadiarealty.com
The potential market cap would be $2,328m 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.