In a report released today, Ki Bin Kim from Truist Financial maintained a Buy rating on Acadia Realty, with a price target of $23.00. The company’s shares closed today at $20.37.
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According to TipRanks, Bin Kim is a 4-star analyst with an average return of 6.9% and a 58.85% success rate. Bin Kim covers the Real Estate sector, focusing on stocks such as SmartStop Self Storage REIT, Inc., Cubesmart, and Macerich.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Acadia Realty with a $22.25 average price target.
AKR market cap is currently $2.69B and has a P/E ratio of 120.97.
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