Armada Hoffler Properties with ticker code (AHH) now have 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 18 and 13.5 and has a mean target at 16.32. Given that the stocks previous close was at 14.3 this now indicates there is a potential upside of 14.1%. The day 50 moving average is 14.36 and the 200 day MA is 13.82. The company has a market cap of $1,289m. Visit the company website at: https://www.armadahoffler.com
The potential market cap would be $1,471m 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.
