B.Riley FBR Maintains Their Buy Rating on Armada Hoffler Properties


In a report released today, Craig Kucera from B.Riley FBR maintained a Buy rating on Armada Hoffler Properties (NYSE: AHH), with a price target of $15.50. The company’s shares opened today at $13.75.

According to TipRanks.com, Kucera is a 2-star analyst with an average return of 0.6% and a 51.9% success rate. Kucera covers the Financial sector, focusing on stocks such as Wheeler Real Estate ate Investment Trust Inc, Preferred Apartment Communities, and NexPoint Residential Trust Inc.

Armada Hoffler Properties has an analyst consensus of Moderate Buy, with a price target consensus of $15.50.

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The company has a one-year high of $16.01 and a one-year low of $12.66. Currently, Armada Hoffler Properties has an average volume of 284.4K.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AHH in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Armada Hoffler Properties, Inc. is a real estate company. It develops, builds, owns and manages institutional-grade office, retail and multifamily properties in the Mid-Atlantic U.S. The company operates through the following business segments: Office, Retail, Multifamily, and General Contracting & Real Estate Services.

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