Armada Hoffler Properties with ticker code (AHH) have now 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 18 and 13.5 calculating the mean target price we have 16.29. With the stocks previous close at 14.31 this is indicating there is a potential upside of 13.8%. The day 50 moving average is 14.84 and the 200 day MA is 13.74. The market capitalisation for the company is $961m. You can visit the company’s website by visiting: https://www.armadahoffler.com
The potential market cap would be $1,094m 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.
