Acadia Realty Trust found using ticker (AKR) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 27 and 23 calculating the average target price we see 24.71. With the stocks previous close at 19.23 this would imply there is a potential upside of 28.5%. There is a 50 day moving average of 21.15 while the 200 day moving average is 21.24. The market cap for the company is $1,973m. Visit the company website at: https://www.acadiarealty.com
The potential market cap would be $2,535m 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.
