American Campus Communities Inc with ticker code (ACC) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 65.5 and 58 with the average target price sitting at 61.75. With the stocks previous close at 65.37 this now indicates there is a potential downside of -5.5%. The 50 day MA is 64.88 and the 200 moving average now moves to 58.49. The company has a market capitalisation of $18,128m. Visit the company website at: https://www.americancampus.com
The potential market cap would be $17,124m 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.
