Armada Hoffler Properties Inc Reaches New 12-Month Low at $8.87 (AHH)
Armada Hoffler Properties (NYSE:AHH)’s share price reached a new 52-week low during trading hours on Monday, AnalystRatingsNetwork reports. The company traded as low as $8.87 and last traded at $8.91, with a volume of 69,512 shares traded. The stock had previously closed at $9.10.
Separately, analysts at Zacks upgraded shares of Armada Hoffler Properties from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 3rd. They now have a $10.10 price target on the stock. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Armada Hoffler Properties currently has an average rating of “Buy” and an average price target of $11.40.
Armada Hoffler Properties has a one year low of $8.87 and a one year high of $11.85. The stock has a 50-day moving average of $9.50 and a 200-day moving average of $9.92. The company has a market cap of $170.6 million and a P/E ratio of 26.61.
Armada Hoffler Properties, Inc is a full-service real estate company. The Company is engaged in developing, building, owning and managing office, retail and multifamily properties throughout the Mid-Atlantic United States.
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