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KB Home (NYSE:KBH) stock price target increased to $17.00, issued a report today by RBC Capital Markets

Just yesterday KB Home (NYSE:KBH) traded 3.78% higher at $15.02. KB Home’s 50-day moving average is $15.47 and its 200-day moving average is $14.62. The last closing price is up 6.02% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 769,534 shares of KBH traded hands, down from an average trading volume of 2,312,620

In a report announced on 9/21/2016 RBC Capital Markets bumped up the target of KB Home (NYSE:KBH) from $16.00 to $17.00 reporting a potential upside of 0.13%.

Previously on 9/20/2016, Wedbush reported on KB Home (NYSE:KBH) increased the target price from $0.00 to $22.00. At the time, this indicated a possible upside of 0.44%.

Recent Performance Chart

KB Home (NYSE:KBH)

KB Home has 52 week low of $9.04 and a 52 week high of $16.76 with a PE ratio of 15.8600 and has a market capitalization of $0.

In addition to RBC Capital Markets reporting its stock price target, a total of 14 brokers have issued a research note on the company. The average stock price target is $14.25 with 2 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 13 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On KB Home (NYSE:KBH)

KB Home is a homebuilding company in the United States. The Company constructs and sells a range of new homes designed primarily for first-time, move-up and active adult homebuyers, including attached and detached single-family residential homes, townhomes and condominiums. Its segments include the West Coast, Southwest, Central and Southeast homebuilding segments, and financial services segment. Its homebuilding segments are engaged in the acquisition and development of land primarily for residential purposes. The financial services segment offers property and casualty insurance and, in certain instances, earthquake, flood and personal property insurance to its homebuyers in the same markets as its homebuilding segments, and also provides title services in various markets located within its Central and Southeast homebuilding segments. Its financial services operations also provide mortgage banking services, including residential consumer mortgage loan originations.

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