Armada Hoffler Properties with ticker code (AHH) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 18.5 and 15 and has a mean target at 16.42. Now with the previous closing price of 12.45 this is indicating there is a potential upside of 31.9%. There is a 50 day moving average of 13.42 while the 200 day moving average is 13.92. The market capitalisation for the company is $1,112m. You can visit the company’s website by visiting: https://www.armadahoffler.com
The potential market cap would be $1,467m based on the market concensus.
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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.