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A statement released earlier today by Mizuho Securities about American Homes 4 Rent (NYSE:AMH) ups the target price to $23.00

Yesterday American Homes 4 Rent (NYSE:AMH) traded 0.26% higher at $22.69. The company’s 50-day moving average is $21.40 and its 200-day moving average is $21.29. The last stock close price is up 7.55% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time period. 1,192,107 shares of the stock traded hands, down from an average trading volume of 2,243,110

Reporting a potential upside of 0.01%, Mizuho Securities upped the price target of American Homes 4 Rent (NYSE:AMH) to $23.00

See Chart Below

American Homes 4 Rent (NYSE:AMH)

American Homes 4 Rent has a 52 week low of $13.38 and a 52 week high of $23.01 AMH’s total market value is presently $0.

A total of 7 analysts have released a research note on AMH. Three brokerages rating the stock a strong buy, 1 brokerage rating the stock a buy, five brokerages rating the company a hold, zero brokerages rating the stock a underperform, and finally 0 brokers rating the stock a sell with a consensus target of $18.86.

Brief Synopsis About American Homes 4 Rent (NYSE:AMH)

American Homes 4 Rent is an internally managed real estate investment trust (REIT) focused on acquiring, renovating, leasing and operating single-family homes as rental properties. The Company's primary objective is to generate attractive risk-adjusted returns for its shareholders through dividends and capital appreciation by acquiring, renovating, leasing and operating single-family homes as rental properties. The Company operates in the segment with activities related to acquiring, renovating, leasing and operating single-family homes as rental properties. It owns approximately 38,780 single-family properties in over 20 states and has over 10 properties in escrow that it seeks to acquire. Approximately 36,400 or 93.9% of its properties are leased. Its integrated operating platform offers property management, acquisitions, construction, marketing, leasing, financial and administrative functions. It is externally managed and advised by American Homes 4 Rent Advisor, LLC (the Advisor).

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