KBW analyst Jade Rahmani maintained a Hold rating on KB Home (KBH – Research Report) yesterday and set a price target of $67.00. The company’s shares closed yesterday at $59.35.
According to TipRanks, Rahmani is a 5-star analyst with an average return of 16.9% and a 74.84% success rate. Rahmani covers the Real Estate sector, focusing on stocks such as DigitalBridge Group, Jones Lang Lasalle, and American Homes.
Currently, the analyst consensus on KB Home is a Hold with an average price target of $66.77, which is a 12.50% upside from current levels. In a report released on January 12, J.P. Morgan also maintained a Hold rating on the stock with a $68.50 price target.
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KBH market cap is currently $4.78B and has a P/E ratio of 8.96.
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KB Home (KBH) Company Description:
KB Home engages in selling and building a variety of new homes. It builds various types of homes, including attached and detached single-family homes, townhomes and condominiums. It operates through the following segments: West Coast, Southwest, Central and Southeast. It offer homes in development communities, at urban in-fill locations and as part of mixed-use projects. The company was founded in 1957 and is headquartered in Los Angeles, CA.
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- KB Home price target raised to $76 from $67 at Evercore ISI
- KB Home price target raised to $64 from $60 at BofA
