Acadia Realty Trust – Consensus Indicates Potential 11.7% Upside

Broker Ratings

Acadia Realty Trust found using ticker (AKR) have now 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 26 and 22 and has a mean target at 24.14. With the stocks previous close at 21.62 this now indicates there is a potential upside of 11.7%. There is a 50 day moving average of 20.89 and the 200 moving average now moves to 21.08. The market cap for the company is $1,906m. Company Website: http://www.acadiarealty.com

Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual – Core Portfolio and Fund – operating platforms and its disciplined, location-driven investment strategy. Acadia Realty Trust is accomplishing this goal by building a best-in-class core real estate portfolio with meaningful concentrations of assets in the nation’s most dynamic corridors; making profitable opportunistic and value-add investments through its series of discretionary, institutional funds; and maintaining a strong balance sheet.

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