Analyst Rating Update on KB Home (KBH)

KB Home (NYSE:KBH) has an average broker rating of 2.92, which is interpreted as a Hold, as rated by 12 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 10 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 considers that the stock is a Sell.

KB Home (NYSE:KBH) : 6 investment research analysts covering KB Home (NYSE:KBH) have an average price target of $14.58 for the near short term. The highest target price given by the Brokerage Firm to the stock is $18 and the lowest target is $13 for the short term. Analysts expect the variance to be within $2.15 of the average price.

Company shares have received an average consensus rating of Hold for the current week Also, Brokerage firm UBS downgrades its rating on KB Home (NYSE:KBH). The shares have been rated Sell. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on May 3, 2016.

KB Home (NYSE:KBH): stock turned positive on Tuesday. Though the stock opened at $14.36, the bulls momentum made the stock top out at $14.69 level for the day. The stock recorded a low of $14.325 and closed the trading day at $14.6, in the green by 3.47%. The total traded volume for the day was 2,647,768. The stock had closed at $14.11 in the previous days trading.

In an insider trading activity, Franklin Nicholas S, officer (EVP, Strategic Operations) of Kb Home had purchased 5,000 shares on April 27, 2015 in a transaction. The price per share was $14.76 and the total amount of the disclosed transaction was $73,800.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

KB Home is a homebuilding company that constructs and sells homes through its operating divisions under the name KB Home. The Company operates through five operating segments, which includes four homebuilding segments and one financial services segment. The Companys homebuilding operations are organized into four segments: West Coast, Southwest, Central and Southeast. The Company delivered approximately 7,215 homes through its four homebuilding segments. The Companys financial services segment offers property and casualty insurance and, in certain instances, earthquake, flood and personal property insurance to its homebuyers. The Company also provides title services in the majority of its markets located within Central and Southeast homebuilding reporting segments. This segment also offers mortgage banking services, including residential consumer mortgage loan originations, to its homebuyers indirectly through Home Community Mortgage, LLC (HCM).

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