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American Campus Communities, Inc. (NYSE:ACC) has been upgraded to Buy in a report by BidaskClub today.

Only yesterday American Campus Communities, Inc. (NYSE:ACC) traded -0.13% lower at $48.32. ACC’s 50-day average is $47.61 and its 200-day moving average is $47.51. The last stock close price is up -0.58% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time. 201,441 shares of the stock were exchanged, down from an average trading volume of 609,803

BidaskClub has upgraded American Campus Communities, Inc. (NYSE:ACC) to Buy in a statement released on 6/17/2017.

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American Campus Communities, Inc. (NYSE:ACC)

American Campus Communities, Inc. has a 52 week low of $44.65 and a 52 week high of $52.53 with a PE ratio of 97.60 American Campus Communities, Inc.’s market capitalization is presently $0.

A total of 13 analysts have released a research note on ACC. 3 firms rating the stock a strong buy, 3 firms rating the company a buy, six equity analysts rating the company a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the company a sell with a 12-month price target of $47.38.

More About American Campus Communities, Inc. (NYSE:ACC)

American Campus Communities, Inc. is a self-managed and self-administered equity real estate investment trust (REIT). The Company's segments include Wholly-Owned Properties, On-Campus Participating Properties, Development Services, and Property Management Services. It is engaged in the acquisition, design, financing, development, construction management, leasing and management of student housing properties. The Wholly-Owned Properties segment consists of off-campus properties, which are located in close proximity to the school campus. The On-Campus Participating Properties segment includes on-campus properties that are operated under long-term ground/facility leases with three university systems. The Development Services segment consists of development and construction management services that it provides through one of its taxable REIT subsidiaries for third-party owners. The Property Management Services segment includes revenues generated from third-party management contracts.

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