American Campus Communities, Inc. (NYSE:ACC) target bumped up to $58.00, issued a ratings update today by Zacks Investment Research
- Updated: September 27, 2016
Boasting a price of $51.47, American Campus Communities, Inc. (NYSE:ACC) traded -0.35% lower on the day. The last close is up 5.18% from the two hundred day average, compared with the S&P 500 which has decreased -0.01% over the date range. The company has recorded a 50-day moving average of $50.38 and a 200-day average of $48.77. Volume of trade was up over the average, with 899,583 shares of ACC changing hands over the typical 781,719
Reporting a possible upside of 0.13%, Zacks Investment Research upped the price target of American Campus Communities, Inc. (NYSE:ACC) to $58.00
With a total market value of $0, American Campus Communities, Inc. has P/E ratio of 66.10 with a 52 week low of $35.66 and a 52 week high of $54.56 .
Also covering American Campus Communities, Inc.'s price target, a total of 13 brokers have issued a research note on ACC. The one year target is $47.38 with 3 analysts rating the company a strong buy, three equity analysts rating the company a buy, 6 brokers rating the stock a hold, 2 firms rating the stock a underperform, and finally zero analysts rating the company a sell.
More About American Campus Communities, Inc. (NYSE:ACC)
American Campus Communities, Inc. is a self-managed and self-administered equity real estate investment trust. 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 generally 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 university systems. The Development Services segment consists of development and construction management services that it provides through one of its taxable REIT subsidiaries (TRSs) for third-party owners. The Property Management Services segment includes revenues generated from third-party management contracts.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.