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RBC Capital disclosed Lennar (NYSE:LEN), boosting its price target to $61.00 earlier today

Reporting a potential upside of 0.13%, RBC Capital upped the price target of Lennar (NYSE:LEN) to $61.00

Boasting a price of $53.87, Lennar (NYSE:LEN) traded 0.83% higher on the day. With the last stock price close up -1.26% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Lennar has recorded a 50-day average of $52.26 and a two hundred day average of $51.96. Volume of trade was up over the average, with 3,162,233 shares of LEN changing hands over the typical 1,843,370

Performance Chart

Lennar (NYSE:LEN)

With a total market value of $0, Lennar has price-earnings ratio of 15.00 with a one year low of $39.68 and a one year high of $55.75 .

Brief Synopsis About Lennar (NYSE:LEN)

Lennar Corporation is a provider of real estate related financial services, commercial real estate, investment management and finance company. The Company is a homebuilder that operates in various states. Its segments include Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto and Lennar Multifamily. It is a developer of multifamily rental properties. Its Homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development and sale of residential land. It operates primarily under the Lennar brand name. The Lennar Financial Services segment includes mortgage financing, title insurance and closing services for both buyers of its homes and others. The Rialto segment is a real estate, investment management, and finance company. The Lennar Multifamily segment focuses on developing a portfolio of institutional multifamily rental properties in the United States markets.

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