Acadia Realty Trust with ticker code (AKR) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 23 and 17 and has a mean target at 20.17. Now with the previous closing price of 16.6 this would indicate that there is a potential upside of 21.5%. The day 50 moving average is 16.5 and the 200 day moving average is 19.74. The market cap for the company is $1,652m. Visit the company website at: https://www.acadiarealty.com
The potential market cap would be $2,008m 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.
