Acadia Realty Trust – Consensus Indicates Potential 9.2% Upside

Broker Ratings
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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 26 and 23 calculating the mean target price we have 24.57. Now with the previous closing price of 22.51 this would imply there is a potential upside of 9.2%. There is a 50 day moving average of 21.77 and the 200 day moving average is 21.42. The company has a market cap of $1,987m. You can visit the company’s website by visiting: https://www.acadiarealty.com

The potential market cap would be $2,168m 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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