Acadia Realty Trust found using ticker (AKR) now have 6 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 21 and 13 with the average target price sitting at 17.17. Now with the previous closing price of 15.1 this is indicating there is a potential upside of 13.7%. The 50 day MA is 13.86 and the 200 day moving average is 17.42. The company has a market capitalisation of $1,520m. Visit the company website at: https://www.acadiarealty.com
The potential market cap would be $1,728m based on the market concensus.
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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.