Acadia Realty Trust (NYSE:AKR) has been assigned a consensus recommendation of “Hold” from the seven analysts that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $33.67.
Several research analysts have recently weighed in on AKR shares. Boenning Scattergood reissued a “buy” rating and set a $35.00 price target on shares of Acadia Realty Trust in a research report on Monday, November 6th. Zacks Investment Research cut shares of Acadia Realty Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, November 15th. Finally, KeyCorp lowered shares of Acadia Realty Trust from an “overweight” rating to a “hold” rating in a report on Monday, November 20th.
Shares of Acadia Realty Trust (AKR) traded up $0.34 during mid-day trading on Wednesday, hitting $23.06. 852,700 shares of the stock traded hands, compared to its average volume of 685,606. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.48 and a current ratio of 0.48. The firm has a market cap of $1,930.26, a PE ratio of 15.07, a price-to-earnings-growth ratio of 1.86 and a beta of 0.46. Acadia Realty Trust has a 1 year low of $21.34 and a 1 year high of $32.89.
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Acadia Realty Trust Company Profile
Acadia Realty Trust is a real estate investment trust. The Company is focused on the ownership, acquisition, development and management of retail properties located in the United States. It operates through three segments: Core Portfolio, Funds and Structured Financing. Core Portfolio and Fund properties primarily consist of street and urban retail, and dense suburban shopping centers.
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