Armada Hoffler Properties found using ticker (AHH) now have 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 18 and 13.5 with a mean TP of 16.29. Now with the previous closing price of 13.31 this would indicate that there is a potential upside of 22.4%. The day 50 moving average is 14.59 and the 200 day moving average is 13.77. The company has a market capitalisation of $920m. Company Website: https://www.armadahoffler.com
The potential market cap would be $1,126m 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.
