American Assets Trust Inc.: 52-Week High Recently Eclipsed (AAT)
(MENAFN - Investor Brand Network) Shares of American Assets Trust Inc. (NYSE:AAT) traded today at $40.55, eclipsing its 52-week high. Approximately 113,000 shares have changed hands today, as compared to an average 30-day volume of 229,000 shares.
In the past 52 weeks, shares of American Assets Trust Inc. have traded between a low of $20.73 and a high of $40.55 and is now at $39.91, which is 93% above that low price.
Potential upside of 52.8% exists for American Assets Trust Inc., based on a current level of $39.91 and analysts’ average consensus price target of $61.00.
American Assets Trust Inc is a self-administered real estate investment trust based in the United States. The company invests in, operates, and develops retail, office, residential, and mixed-use properties. Properties are primarily located in South California, Northern California, Oregon, Washington, and Hawaii. American Assets operates through four segments based on property type: retail; office; mixed-use, which consists of retail and hotel components; and multifamily, which includes the company’s apartment properties. The retail and office segments collectively contribute the majority of the total revenue.
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