Breaking Finance News

Raymond James downgraded Toll Brothers (NYSE:TOL) from Strong Buy to Outperform in a report released today.

Raymond James has downgraded Toll Brothers (NYSE:TOL) from Strong Buy to Outperform in a report released on Thursday December 07, 2017.

Just yesterday Toll Brothers (NYSE:TOL) traded 0.56% higher at $46.04. TOL’s 50-day average is $41.33 and its 200-day moving average is $39.00. The last stock price is up 15.01% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has maintained over the same time. 426,463 shares of Toll Brothers exchanged hands, down from an avg. volume of 1,713,530

Performance Chart

Toll Brothers (NYSE:TOL)

With a total market value of $0, Toll Brothers has price-earnings ratio of 16.72 with a one year low of $26.65 and a one year high of $45.37 .

A total of 17 firms have reported on the stock. 4 firms rating the stock a strong buy, 8 firms rating the stock a buy, 9 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $35.65.

About Toll Brothers (NYSE:TOL)

Toll Brothers, Inc. is engaged in designing, building, marketing, selling and arranging financing for detached and attached homes in luxury residential communities. The Company operates through two segments: Traditional Home Building and Toll Brothers City Living (City Living). Within the Traditional Home Building segment, it operates in five geographic segments in the United States: the North, consisting of Connecticut, Illinois, Massachusetts, Michigan, Minnesota, New Jersey and New York; the Mid-Atlantic, consisting of Delaware, Maryland, Pennsylvania and Virginia; the South, consisting of Florida, North Carolina and Texas; the West, consisting of Arizona, Colorado, Nevada and Washington, and California. City Living is the Company's urban development division. Its products include Traditional Home Building Product and City Living Product. Its Traditional Home Building Product includes detached homes, move-up, executive, estate, and active-adult and age-qualified lines of home.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *