Armada Hoffler Properties Inc (AHH) was Reiterated by Stifel to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 13 from a previous price target of $11.50 . Stifel advised their investors in a research report released on May 5, 2016.
Armada Hoffler Properties Inc closed down -0.15 points or -1.26% at $11.75 with 2,95,083 shares getting traded on Wednesday. Post opening the session at $11.87, the shares hit an intraday low of $11.62 and an intraday high of $11.98 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
In a different news, on Sep 2, 2015, A Russell Kirk (director) purchased 25,000 shares at $9.65 per share price. According to the SEC, on Aug 11, 2015, Louis S Haddad (CEO) purchased 25,000 shares at $10.12 per share price.
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.