Armada Hoffler Properties – Consensus Indicates Potential 20.4% Upside

Broker Ratings
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Armada Hoffler Properties found using ticker (AHH) now have 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 17.5 and 12 with a mean TP of 14.33. With the stocks previous close at 11.9 this indicates there is a potential upside of 20.4%. The 50 day moving average now sits at 11.36 and the 200 day moving average is 13.16. The market cap for the company is $1,068m. Company Website: https://www.armadahoffler.com

The potential market cap would be $1,286m 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.

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