American Campus Communities Inc with ticker code (ACC) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 65 and 56 and has a mean target at 60.38. Given that the stocks previous close was at 51.81 this would imply there is a potential upside of 16.5%. The 50 day moving average now sits at 54.15 and the 200 day MA is 50.69. The market cap for the company is $7,135m. Find out more information at: https://www.americancampus.com
The potential market cap would be $8,315m 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.