Acadia Realty Trust found using ticker (AKR) have now 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 27 and 23 and has a mean target at 24.57. With the stocks previous close at 18.94 this is indicating there is a potential upside of 29.7%. The day 50 moving average is 20.92 and the 200 day MA is 21.2. The company has a market capitalisation of $1,823m. You can visit the company’s website by visiting: https://www.acadiarealty.com
The potential market cap would be $2,365m 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.
