Armada Hoffler Properties found using ticker (AHH) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 18 and 13.5 with the average target price sitting at 16.29. Now with the previous closing price of 13.7 this is indicating there is a potential upside of 18.9%. The 50 day MA is 14.5 and the 200 moving average now moves to 13.78. The market capitalisation for the company is $912m. Company Website: https://www.armadahoffler.com
The potential market cap would be $1,084m 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.
