Armada Hoffler Properties found using ticker (AHH) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 17.5 and 12 and has a mean target at 14.25. Given that the stocks previous close was at 12.25 this would indicate that there is a potential upside of 16.3%. The 50 day moving average now sits at 11.78 and the 200 day moving average is 12.7. The market cap for the company is $1,080m. You can visit the company’s website by visiting: https://www.armadahoffler.com
The potential market cap would be $1,257m 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.
