Analyst Rating Update on Realogy Holdings (RLGY)

Realogy Holdings (NYSE:RLGY) : Zacks Investment Research ranks Realogy Holdings (NYSE:RLGY) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 1.63, which indicates as a Buy.

Realogy Holdings (NYSE:RLGY) : The highest level Realogy Holdings (NYSE:RLGY) is projected to reach is $51 for the short term and the lowest estimate is at $36. The consolidated price target from 7 rating analysts who initiate coverage on the stock is $42.79 and the possibility the share price can swing is $5.45.

For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Citigroup maintains its outlook on Realogy Holdings (NYSE:RLGY). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm maintains the price target at $47 per share. The rating by the firm was issued on June 2, 2016.

Realogy Holdings (NYSE:RLGY): stock turned positive on Tuesday. Though the stock opened at $28.12, the bulls momentum made the stock top out at $28.67 level for the day. The stock recorded a low of $28.12 and closed the trading day at $28.58, in the green by 3.07%. The total traded volume for the day was 1,660,464. The stock had closed at $27.73 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Realogy Holdings Corp., Williams Michael J had purchased shares worth of $76,775 in a transaction dated on May 11, 2016. A total of 2,500 shares were purchased at a price of $30.71 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Realogy Holdings Corp. is a franchisor of residential real estate brokerages and a provider of outsourced employee relocation, and title and settlement services in the United States. The Company has four operating segments: Real Estate Franchise Services (RFG), Company Owned Real Estate Brokerage Services (NRT), Relocation Services (Cartus), and Title and Settlement Services (TRG). The RFG segment is a franchisor of residential real estate brokerage services. The NRT segment owns and operates a residential real estate brokerage business in the United States. The Cartus segment provides outsourced employee relocation services. The TRG segment provides full-service title and settlement services to its clients. The Companys portfolio of brokerage brands includes Century 21, Coldwell Banker, Coldwell Banker Commercial, ERA, Sothebys International Realty, Better Homes and Gardens Real Estate, The Corcoran Group, ZipRealty and Citi Habitats.

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