In a report released today, Matthew Bouley from Barclays maintained a Sell rating on Toll Brothers (TOL – Research Report), with a price target of $115.00. The company’s shares closed last Friday at $111.30.
Bouley covers the Industrials sector, focusing on stocks such as AZEK Company, Core & Main, and Builders Firstsource. According to TipRanks, Bouley has an average return of 21.9% and a 66.25% success rate on recommended stocks.
In addition to Barclays, Toll Brothers also received a Sell from Goldman Sachs’s Susan Maklari in a report issued on February 21. However, on February 23, J.P. Morgan maintained a Buy rating on Toll Brothers (NYSE: TOL).
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The company has a one-year high of $112.55 and a one-year low of $55.73. Currently, Toll Brothers has an average volume of 1.56M.
Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TOL in relation to earlier this year. Most recently, in December 2023, Douglas C. Yearley, the CEO of TOL sold 40,000.00 shares for a total of $4,201,567.68.
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Toll Brothers (TOL) Company Description:
Toll Brothers, Inc. engages in the design, building, marketing, and arranging of financing for detached and attached homes in residential communities. It operates through the following segments: Traditional Home Building and City Living. The Traditional Home Building segment builds and sells homes for detached and attached homes in luxury residential communities in affluent suburban markets and and cater to move-up, empty-nester, active-adult, age-qualified, and second-home buyers. The City Living segment builds and sells homes in urban infill markets through Toll Brothers City Living. The company was founded by Robert I. Toll and Bruce E. Toll in May 1986 and is headquartered in Horsham, PA.
Read More on TOL:
- Toll Brothers Announces New 55+ Luxury Home Community Coming Soon to Indian Land, South Carolina
- Toll Brothers price target raised to $122 from $115 at RBC Capital
- Toll Brothers price target raised to $130 from $120 at Wells Fargo
- Toll Brothers price target raised to $96 from $94 at Goldman Sachs
- TOL Earnings: Toll Brothers Jumps on Q1 Performance, Promising Outlook
