Analysts Are Bullish on These Real Estate Stocks: Acadia Realty (AKR), Simon Property (SPG)
There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Acadia Realty (AKR – Research Report) and Simon Property (SPG – Research Report) with bullish sentiments.
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Acadia Realty (AKR)
Jefferies analyst Linda Tsai maintained a Buy rating on Acadia Realty today and set a price target of $23.00. The company’s shares closed last Monday at $20.18.
According to TipRanks.com, Tsai is a 4-star analyst with an average return of
Currently, the analyst consensus on Acadia Realty is a Moderate Buy with an average price target of $21.75.
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Simon Property (SPG)
Jefferies analyst Jonathan Petersen maintained a Buy rating on Simon Property today and set a price target of $202.00. The company’s shares closed last Monday at $184.17, close to its 52-week high of $190.14.
According to TipRanks.com, Petersen is a 4-star analyst with an average return of
Simon Property has an analyst consensus of Moderate Buy, with a price target consensus of $194.89, representing a 6.7% upside. In a report issued on December 7, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $198.00 price target.
