Acadia Realty Trust – Consensus Indicates Potential 5.3% Upside

Broker Ratings
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Acadia Realty Trust with ticker code (AKR) have now 6 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 21 and 15 and has a mean target at 16.83. Now with the previous closing price of 15.98 this now indicates there is a potential upside of 5.3%. The 50 day MA is 14.82 and the 200 day moving average is 16.01. The market capitalisation for the company is $1,574m. Find out more information at: https://www.acadiarealty.com

The potential market cap would be $1,658m 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.

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