NVR, Inc. (NYSE:NVR) has been upgraded to Hold in a statement by Zacks Investment Research today.
- Updated: November 28, 2016
Zacks Investment Research has upgraded NVR, Inc. (NYSE:NVR) to Hold in a report released on 11/29/2016.
Previously on 1/27/2016, Bank of America (Merrill Lynch) reported on NVR, Inc. (NYSE:NVR) increased the target price from $1,634.00 to $1,745.00. At the time, this indicated a possible upside of 0.06%.
Just yesterday NVR, Inc. (NYSE:NVR) traded -0.37% lower at $1,595.00. NVR, Inc.’s 50-day moving average is $1,563.11 and its 200-day moving average is $1,667.37. The last closing price is down -4.34% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 23,214 shares of NVR traded hands, down from an average trading volume of 26,984
Recent Performance Chart
NVR, Inc. has 52 week low of $1,462.02 and a 52 week high of $1,845.37 with a PE ratio of 16.25 and has a market capitalization of $0.
Brief Synopsis On NVR, Inc. (NYSE:NVR)
NVR, Inc. is engaged in the construction and sale of single-family detached homes, townhomes and condominium buildings. The Company also operates a mortgage banking and title services business. The Company's mortgage banking operations are operated primarily through a subsidiary, NVR Mortgage Finance, Inc. (NVRM). The Company operates in multiple locations in approximately 14 states and Washington, D.C., primarily in the eastern part of the United States. Its homebuilding business operates under four trade names, such as Ryan Homes, NVHomes, Fox Ridge Homes and Heartland Homes. The Ryan Homes and Fox Ridge Homes products are marketed primarily to first-time and first-time move-up buyers. The NVHomes and Heartland Homes products are marketed primarily to move-up and up-scale buyers. The Company's homes combine traditional, transitional, cottage or urban exterior designs with interior designs and amenities, which include 2 to 4 bedrooms and range from 1,000 to 7,000 square feet.
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