Analysts’ Opinions Are Mixed on These Real Estate Stocks: Armada Hoffler Properties (AHH), Chimera Investment (CIM) and Ares Commercial (ACRE)

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Armada Hoffler Properties (AHH – Research Report), Chimera Investment (CIM – Research Report) and Ares Commercial (ACRE – Research Report).

Armada Hoffler Properties (AHH)

Robert W. Baird analyst Nicholas Thillman maintained a Buy rating on Armada Hoffler Properties on May 8 and set a price target of $13.00. The company’s shares closed last Thursday at $11.55.

According to TipRanks.com, Thillman is a 2-star analyst with an average return of 0.4% and a 39.3% success rate. Thillman covers the NA sector, focusing on stocks such as Rexford Industrial Realty, Plymouth Industrial Reit, and First Industrial Realty.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Armada Hoffler Properties with a $14.33 average price target.

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Chimera Investment (CIM)

In a report released yesterday, Bose George from KBW maintained a Hold rating on Chimera Investment, with a price target of $5.00. The company’s shares closed last Thursday at $4.71.

According to TipRanks.com, George is a top 100 analyst with an average return of 14.5% and a 73.3% success rate. George covers the Financial sector, focusing on stocks such as Federal National Mortgage Association, Stewart Information Services, and Fidelity National Financial.

Chimera Investment has an analyst consensus of Hold, with a price target consensus of $5.00.

Ares Commercial (ACRE)

In a report released yesterday, Jade Rahmani from KBW maintained a Hold rating on Ares Commercial, with a price target of $7.00. The company’s shares closed last Thursday at $6.78, close to its 52-week low of $6.36.

According to TipRanks.com, Rahmani is a 5-star analyst with an average return of 16.3% and a 75.0% success rate. Rahmani covers the NA sector, focusing on stocks such as NexPoint Real Estate ate Finance, Claros Mortgage Trust, Inc., and Kkr Real Estate Finance.

Currently, the analyst consensus on Ares Commercial is a Hold with an average price target of $7.30, representing a 10.4% upside. In a report released yesterday, JMP Securities also reiterated a Hold rating on the stock.

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• Armada Hoffler to Discuss First Quarter Earnings on May 9th
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