Wells Fargo Remains a Hold on Smith Douglas Homes Corp. Class A (SDHC)

Wells Fargo analyst James Feldman maintained a Hold rating on Smith Douglas Homes Corp. Class A (SDHC – Research Report) today and set a price target of $30.00. The company’s shares closed last Friday at $28.20.

Feldman covers the Real Estate sector, focusing on stocks such as Equity Lifestyle, Sun Communities, and Essex Property. According to TipRanks, Feldman has an average return of 0.9% and a 59.02% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Smith Douglas Homes Corp. Class A with a $28.00 average price target.

The company has a one-year high of $32.82 and a one-year low of $23.26. Currently, Smith Douglas Homes Corp. Class A has an average volume of 157.4K.

Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SDHC in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Smith Douglas Homes Corp. Class A (SDHC) Company Description:

Smith Douglas Homes Corp. engages in the design, construction, and sale of single-family homes in the southeastern United States. The company operates in metropolitan Atlanta, Birmingham, Charlotte, Huntsville, Nashville, Raleigh-Durham, and Houston. It also provides closing, escrow, and title insurance services. The company was founded in 2008 and is headquartered in Woodstock, Georgia.