Armada Hoffler Properties found using ticker (AHH) have now 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 18.5 and 14 calculating the average target price we see 16.25. Given that the stocks previous close was at 14 this would imply there is a potential upside of 16.1%. The 50 day moving average now sits at 13.34 and the 200 moving average now moves to 14.08. The market cap for the company is $1,262m. You can visit the company’s website by visiting: https://www.armadahoffler.com
The potential market cap would be $1,465m 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.
