American Campus Communities Inc (ACC) : 7 analysts are covering American Campus Communities Inc (ACC) and their average rating on the stock is 1.86, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
American Campus Communities Inc (ACC) : 6 investment research analysts covering American Campus Communities Inc (ACC) have an average price target of $54.33 for the near short term. The highest target price given by the Brokerage Firm to the stock is $56 and the lowest target is $48 for the short term. Analysts expect the variance to be within $3.2 of the average price.
American Campus Communities, Inc. has lost 0.1% in the last five trading days and dropped 3.31% in the last 4 weeks. American Campus Communities, Inc. is up 9.02% in the last 3-month period. Year-to-Date the stock performance stands at 24.91%. American Campus Communities Inc (NYSE:ACC): On Tuesdays trading session , Opening price of the stock was $50.8 with an intraday high of $50.94. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $50.19. However, the stock managed to close at $50.3, a loss of 0.38% for the day. On the previous day, the stock had closed at $50.49. The total traded volume of the day was 439,409 shares.
American Campus Communities, Inc. is a real estate investment trust (REIT). The Company holds an approximate 98.8% limited partnership interest in American Campus Communities Operating Partnership L.P. The Company owns, manages and develops student housing properties in the United States in terms of beds owned and under management. It is a self-managed and self-administered equity REIT engaged in the acquisition, design, financing, development, construction management, leasing and management of student housing properties. The Companys total owned and third-party managed portfolio includes approximately 204 properties with 130,700 beds in 44,300 units. Its property portfolio consists of approximately 145 owned off-campus student housing properties. It operates under four segments: Wholly-Owned Properties, On-Campus Participating Properties, Development Services and Property Management Services.