Armada Hoffler Properties with ticker code (AHH) have now 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 16 and 14.5 calculating the average target price we see 15.42. Given that the stocks previous close was at 13.57 this indicates there is a potential upside of 13.6%. There is a 50 day moving average of 13.35 and the 200 day moving average is 13.3. The market capitalisation for the company is $826m. Visit the company website at: http://www.armadahoffler.com
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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