Acadia Realty Trust with ticker code (AKR) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 23 and 15 and has a mean target at 19.83. Now with the previous closing price of 16.79 this is indicating there is a potential upside of 18.1%. There is a 50 day moving average of 17.45 and the 200 day MA is 20.4. The market capitalisation for the company is $1,663m. Visit the company website at: https://www.acadiarealty.com
The potential market cap would be $1,964m 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.
