Armada Hoffler Properties – Consensus Indicates Potential 28.8% Upside

Broker Ratings
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Armada Hoffler Properties with ticker code (AHH) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 17.75 and 14 with a mean TP of 16.13. Now with the previous closing price of 12.52 this would indicate that there is a potential upside of 28.8%. The 50 day MA is 13.16 while the 200 day moving average is 14.06. The company has a market capitalisation of $1,145m. Find out more information at: https://www.armadahoffler.com

The potential market cap would be $1,475m 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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