American Campus Communities Inc with ticker code (ACC) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 65.5 and 58 and has a mean target at 61.75. Given that the stocks previous close was at 65.37 this indicates there is a potential downside of -5.5%. The day 50 moving average is 64.88 and the 200 day MA is 58.49. The company has a market cap of $18,128m. Company Website: 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.
