Armada Hoffler Properties – Consensus Indicates Potential 29.6% Upside

Broker Ratings
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Armada Hoffler Properties with ticker code (AHH) now have 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 18 and 15 calculating the mean target price we have 16.79. Given that the stocks previous close was at 12.96 this would imply there is a potential upside of 29.6%. The 50 day moving average now sits at 13.51 and the 200 day moving average is 14.09. The company has a market capitalisation of $1,167m. Find out more information at: https://www.armadahoffler.com

The potential market cap would be $1,512m 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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