Armada Hoffler Properties with ticker code (AHH) have now 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 18.5 and 14 with the average target price sitting at 16.25. With the stocks previous close at 14.39 this indicates there is a potential upside of 12.9%. The day 50 moving average is 13.38 while the 200 day moving average is 14.09. The market capitalisation for the company is $1,250m. Company Website: https://www.armadahoffler.com
The potential market cap would be $1,412m 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 income tax purposes.
