American Campus Communities Inc with ticker code (ACC) 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 65 and 56 calculating the average target price we see 60.43. Given that the stocks previous close was at 54.46 this is indicating there is a potential upside of 11.0%. The day 50 moving average is 53.2 while the 200 day moving average is 51.47. The company has a market capitalisation of $15,095m. Company Website: https://www.americancampus.com
The potential market cap would be $16,750m based on the market concensus.
American Campus Communities is the largest owner, manager and developer of high-quality student housing communities in the United States. The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT) with expertise in the design, finance, development, construction management and operational management of student housing properties. As of September 30, 2020, American Campus Communities owned 166 student housing properties containing approximately 111,900 beds. Including its owned and third-party managed properties, ACC’s total managed portfolio consisted of 204 properties with approximately 139,900 beds.
