TRI Pointe Group (TPH) has an average broker rating of 1.29, which is interpreted as a Strong Buy, as rated by 7 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 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 2, which is also a Buy.
TRI Pointe Group (TPH) : 6 investment research analysts covering TRI Pointe Group (TPH) have an average price target of $15.42 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 $2.29 of the average price.
For this week, the average consensus of the company shares are rated as a Strong Buy. TRI Pointe Group (NYSE:TPH): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.62 and $13.50 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.72. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.65, notching a gain of 0.96% for the day. The total traded volume was 1,096,050 . The stock had closed at $13.52 on the previous day.
In a related news, The Securities and Exchange Commission has divulged that Bauer Douglas F., director officer (Chief Executive Officer) of Tri Pointe Homes, Inc., had unloaded 80,000 shares at an average price of $15.2 in a transaction dated on July 1, 2015. The total value of the transaction was worth $1,216,000.
TRI Pointe Group, Inc., formerly Tri Pointe Homes, Inc., is engaged in the design, construction and sale of single-family homes. The Companys operations are organized into six segments: Maracay, consisting of operations in Arizona; Pardee, consisting of operations in California and Nevada; Quadrant, consisting of operations in Washington; Trendmaker, consisting of operations in Texas; TRI Pointe, consisting of operations in California and Colorado, and Winchester, consisting of operations in Maryland and Virginia. The Company operates approximately 108 communities and 29,718 lots owned or controlled. The Company sells its homes through its own sales representatives and through independent real estate brokers.