In a report released on September 23, Brad Heffern from RBC Capital maintained a Buy rating on Invitation Homes (INVH – Research Report), with a price target of $39.00. The company’s shares closed yesterday at $34.33.
According to TipRanks, Heffern is a 5-star analyst with an average return of 15.8% and a 46.05% success rate.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Invitation Homes with a $42.75 average price target, implying a 24.53% upside from current levels. In a report released on September 19, Evercore ISI also maintained a Buy rating on the stock with a $39.00 price target.
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The company has a one-year high of $45.03 and a one-year low of $32.96. Currently, Invitation Homes has an average volume of 5.36M.
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Invitation Homes, Inc. engages in the acquisition, renovation, leasing and operating single-family homes as rental properties, including single-family homes in planned unit developments. Its services include property management, selection of homes, maintenance program, and online payment. The company was founded by Marcus Ridgway, Dallas Tanner, and Brad Greiwe in 2012 and is headquartered in Dallas, TX.
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