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Acadia Realty Trust (AKR) [hlAlert]

up 107.25 %

Acadia Realty Trust (AKR) rated Buy by Janney Mntgmy Scott

Posted on: Thursday,  Oct 8, 2009  8:25 AM ET by Janney Mntgmy Scott

Janney Mntgmy Scott rated Buy Acadia Realty Trust (NYSE: AKR) on 10/08/2009, when the stock price was $14.62.
Since then, Acadia Realty Trust has gained 107.25% as of 12/21/2015's recent price of $30.30.
If you would have followed this Janney Mntgmy Scott's recommendation on AKR, you would have gained 107.25% of your investment in 2265 days.

Acadia Realty Trust (the Trust) is a fully integrated, self-managed and self-administered real estate investment trust (REIT) primarily focused on the ownership, acquisition, redevelopment and management of retail properties, including neighborhood and community shopping centers and mixed-use properties with retail components. During the year ended December 31, 2008, the Trust operated 85 properties. These assets are located primarily in the Northeast, Mid-Atlantic and Midwestern regions of the United States and, in total, comprise approximately eight million square feet. The Trust also have private equity investments in other retail real estate related opportunities, including investments for which it provide operational support to the operating ventures in which it has a minority equity interest.

We are committed to providing innovative, wealth-building investment solutions through original thought, proprietary data and access to company managements, industry leaders and our analysts. Janney’s enduring commitment to primary research coincides with an investment acumen that recognizes our core responsibility – to make money for our clients. Our analysts strive to identify the emerging and sometimes hidden themes that can provide investors a superior return over time.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/8/2009 8:25 AM Buy
as of 12/31/2009
1 Week up  5.66 %
1 Month up  11.24 %
3 Months up  23.80 %
1 YTD up  23.80 %

(*) Stock Price at the time of the recommendation.
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