Armada Hoffler Properties (NYSE:AHH) : The consensus on Armada Hoffler Properties (NYSE:AHH) based on 5 analyst recommendation on the company stock is 1.2, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future.
Armada Hoffler Properties (NYSE:AHH) : The consensus price target for Armada Hoffler Properties (NYSE:AHH) is $13.3 for the short term with a standard deviation of $0.45. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $14, however, the pessimist price target for the company is $13.
For this week, the average consensus of the company shares are rated as a Strong Buy.
Armada Hoffler Properties (NYSE:AHH): stock turned positive on Tuesday. Though the stock opened at $13.2, the bulls momentum made the stock top out at $13.43 level for the day. The stock recorded a low of $13.13 and closed the trading day at $13.39, in the green by 1.44%. The total traded volume for the day was 876,164. The stock had closed at $13.2 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Armada Hoffler Properties, Inc., Kirk A Russell had purchased shares worth of $241,250 in a transaction dated on August 31, 2015. A total of 25,000 shares were purchased at a price of $9.65 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
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.