Breaking Finance News

Evercore ISI announced American Homes 4 Rent (NYSE:AMH), bumping up its stock price target to $24.50 today

Having a price of $23.19, American Homes 4 Rent (NYSE:AMH) traded -0.92% lower on the day. With the last stock price up -4.61% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. AMH has recorded a 50-day average of $21.88 and a two hundred day average of $22.51. Trade Volume was down over the average, with 1,791,859 shares of AMH changing hands under the typical 1,989,910

In a report released on Monday June 05, 2017 Evercore ISI increased the stock price target of American Homes 4 Rent (NYSE:AMH) to $24.50 reporting a potential upside of 0.06%.

Recent Performance Chart

American Homes 4 Rent (NYSE:AMH)

American Homes 4 Rent has with a one year low of $19.63 and a one year high of $23.98 and has a market capitalization of $0.

A total of 7 brokerages have issued a ratings update on American Homes 4 Rent. Three brokerages rating the company a strong buy, one brokerage rating the company a buy, five brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $18.86.

General Company Details For 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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