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BidaskClub downgraded American Homes 4 Rent (NYSE:AMH) to Hold in a report released today.

BidaskClub has downgraded American Homes 4 Rent (NYSE:AMH) to Hold in a report released on 07/08/2017.

Yesterday American Homes 4 Rent (NYSE:AMH) traded 0.14% higher at $22.48. The company’s 50-day moving average is $22.69 and its 200-day moving average is $22.75. The last closing price is down -2.82% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time period. 2,580,683 shares of the stock traded hands, up from an average trading volume of 1,885,710

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American Homes 4 Rent (NYSE:AMH)

American Homes 4 Rent has a 52 week low of $19.63 and a 52 week high of $23.98 The company’s market cap is currently $0.

In addition to BidaskClub reporting its stock price target, a total of 7 brokers have issued a research note on the company. The average stock price target is $18.86 with 3 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 5 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information 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. As of December 31, 2016, it owned 48,422 single-family properties in 22 states, including 1,119 properties held for sale, and had an additional 47 properties in escrow that it intended to acquire. Its integrated operating platform offers property management, acquisitions, construction, marketing, leasing, financial and administrative functions. The Company may seek to invest in condominium units, townhouses and real estate-related debt investments. The Company is externally managed and advised by American Homes 4 Rent Advisor, LLC (the Advisor).

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