Armada Hoffler Properties (AHH) : 5 analysts are covering Armada Hoffler Properties (AHH) and their average rating on the stock is 1.2, which is read as a Strong Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Armada Hoffler Properties (AHH) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 1, which recommends a Strong Buy affirms that they expect a large upside in the stock from the current levels.
Armada Hoffler Properties (AHH) has been rated by 5 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $15 and the lowest price target forecast is $13. The average forecast of all the analysts is $13.9 and the expected standard deviation is $1.02.
For this week, the average consensus of the company shares are rated as a Strong Buy.
Armada Hoffler Properties (NYSE:AHH): The stock opened at $14.50 on Wednesday but the bulls could not build on the opening and the stock topped out at $14.50 for the day. The stock traded down to $13.97 during the day, due to lack of any buying support eventually closed down at $14.03 with a loss of -2.64% for the day. The stock had closed at $14.41 on the previous day. The total traded volume was 773,263 shares.
Armada Hoffler Properties, Inc. is a real estate company engaged in developing, building, owning and managing institutional-grade office, retail and multifamily properties in markets across the Mid-Atlantic United States. The Company operates through four segments: office real estate, retail real estate, multifamily residential real estate, and general contracting and real estate services. The Company provides general contracting services to third parties. The Company constructs and develops mid and high-rise office buildings, retail strip malls and retail power centers, multifamily apartment communities, hotels and conference centers, single and multi-tenant industrial, distribution and manufacturing facilities, educational, medical and special purpose facilities, government projects, parking garages and mixed-use town centers in Virginia and North Carolina.