RBC Capital recorded KB Home (NYSE:KBH), bumping up its stock price target to $17.00 today
- Updated: September 25, 2016
In a report released on 09/21/2016 RBC Capital increased the stock price target of KB Home (NYSE:KBH) from $16.00 to $17.00 reporting a possible upside of 0.14%.
Previously on 9/20/2016, Wedbush released a statement about 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%.
Just yesterday KB Home (NYSE:KBH) traded 0.32% higher at $14.93. KB Home’s 50-day moving average is $15.47 and its 200-day moving average is $14.64. The last stock price is up 7.22% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 2,179,514 shares of KBH traded hands, down from an average trading volume of 2,266,200
Recent Performance Chart
KB Home has 52 week low of $9.04 and a 52 week high of $16.76 with a P/E ratio of 13.65 and has a market cap of $0.
In addition to RBC Capital reporting its target price, a total of 14 firms have reported on the stock. The consensus target price is $14.25 with 2 firms rating the stock a strong buy, 1 firm rating the stock a buy, 13 firms rating the stock a hold, 3 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About 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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