Acadia Realty Trust found using ticker (AKR) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 23 and 15 calculating the average target price we see 19.83. With the stocks previous close at 15.61 this indicates there is a potential upside of 27.0%. The day 50 moving average is 17.79 while the 200 day moving average is 20.51. The company has a market cap of $1,603m. You can visit the company’s website by visiting: https://www.acadiarealty.com
The potential market cap would be $2,036m 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.
