Armada Hoffler Properties with ticker code (AHH) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 18 and 15 with the average target price sitting at 16.79. With the stocks previous close at 12.5 this now indicates there is a potential upside of 34.3%. The 50 day moving average now sits at 14.25 and the 200 day moving average is 14.06. The company has a market capitalisation of $1,158m. Visit the company website at: https://www.armadahoffler.com
The potential market cap would be $1,555m 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.
