KBW analyst Jade Rahmani maintained a Hold rating on KB Home (KBH – Research Report) yesterday and set a price target of $74.00. The company’s shares closed yesterday at $69.56.
According to TipRanks, Rahmani is a 5-star analyst with an average return of 17.2% and a 76.19% success rate. Rahmani covers the Real Estate sector, focusing on stocks such as Ladder Capital, Ready Capital, and Apollo Real Estate.
Currently, the analyst consensus on KB Home is a Hold with an average price target of $70.56, implying a 1.44% upside from current levels. In a report released on March 26, J.P. Morgan also maintained a Hold rating on the stock with a $70.50 price target.
KBH market cap is currently $5.17B and has a P/E ratio of 9.31.
Based on the recent corporate insider activity of 47 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 KBH in relation to earlier this year. Last month, Robert V. McGibney, the President & COO of KBH sold 14,781.00 shares for a total of $899,571.66.
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.
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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