American Campus Communities Inc with ticker code (ACC) have now 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 65 and 56 with a mean TP of 60.38. Now with the previous closing price of 56.01 this would indicate that there is a potential upside of 7.8%. The 50 day MA is 54.6 and the 200 day moving average is 50.13. The company has a market capitalisation of $7,739m. Visit the company website at: https://www.americancampus.com
The potential market cap would be $8,342m 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.
