Armada Hoffler Properties with ticker code (AHH) have now 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 18.5 and 15 and has a mean target at 16.42. With the stocks previous close at 13.41 this is indicating there is a potential upside of 22.4%. The 50 day MA is 13.43 and the 200 day MA is 14.05. The company has a market capitalisation of $1,178m. You can visit the company’s website by visiting: https://www.armadahoffler.com
The potential market cap would be $1,443m 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.
