Armada Hoffler Properties, Inc. with ticker code (AHH) now have 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 17.5 and 12 with a mean TP of 14.25. Given that the stocks previous close was at 12.44 this would indicate that there is a potential upside of 14.5%. The day 50 moving average is 12.04 and the 200 moving average now moves to 12.51. The market cap for the company is $1,104m. You can visit the company’s website by visiting: https://www.armadahoffler.com
The potential market cap would be $1,265m based on the market concensus.
Armada Hoffler Properties, Inc. (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.
