Armada Hoffler Properties with ticker code (AHH) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 18 and 15 with the average target price sitting at 16.54. Given that the stocks previous close was at 14.85 this now indicates there is a potential upside of 11.4%. The day 50 moving average is 14.29 while the 200 day moving average is 13.95. The company has a market capitalisation of $1,310m. Find out more information at: https://www.armadahoffler.com
The potential market cap would be $1,459m based on the market concensus.
Armada Hoffler Properties (NYSE: AHH) is a vertically-integrated, self-managed real estate investment trust (“REIT”) with four decades of experience developing, building, acquiring, and managing high-quality, institutional-grade office, retail, and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States. In addition to developing and building properties for its own account, the Company also provides development and general contracting construction services to third-party clients. Founded in 1979 by Daniel A. Hoffler, the Company has elected to be taxed as a REIT for U.S. federal ome tax purposes.
