Acadia Realty Trust found using ticker (AKR) have now 6 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 23 and 13 with a mean TP of 17.5. Given that the stocks previous close was at 15.07 this would indicate that there is a potential upside of 16.1%. The day 50 moving average is 13.85 and the 200 day moving average is 17.55. The company has a market capitalisation of $1,522m. Find out more information at: https://www.acadiarealty.com
The potential market cap would be $1,767m 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.