Acadia Realty Trust found using ticker (AKR) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 23 and 17 and has a mean target at 20.17. With the stocks previous close at 15.07 this indicates there is a potential upside of 33.8%. The day 50 moving average is 16.49 and the 200 day moving average is 19.3. The market capitalisation for the company is $1,537m. You can visit the company’s website by visiting: https://www.acadiarealty.com
The potential market cap would be $2,057m 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.
