Brokerage Firm Rating Update on Toll Brothers (TOL)

Toll Brothers (TOL) : 9 analysts are covering Toll Brothers (TOL) and their average rating on the stock is 1.89, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Toll Brothers (TOL) stock is expected to deviate a maximum of $2.83 from the average target price of $38 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $42 and the most muted being $35.


For the current week, the company shares have a recommendation consensus of Buy. Also, Keefe Bruyette & Woods maintains their rating on the shares of Toll Brothers (NYSE:TOL). The current rating of the shares is Market Perform. Equity Analysts at the Firm raises the price target to $35 per share from $34 per share. The rating by the firm was issued on August 24, 2016.

Toll Brothers (NYSE:TOL): The stock opened at $30.87 and touched an intraday high of $31.31 on Wednesday. During the day, the stock corrected to an intraday low of $30.8, however, the bulls stepped in and pushed the price higher to close in the green at $31 with a gain of 0.10% for the day. The total traded volume for the day was 2,303,811. The stock had closed at $30.97 in the previous trading session.

Toll Brothers, Inc., is a property development company. The Company is engaged in designing, building, marketing and arranging finance for detached and attached homes in luxury residential communities. The Company caters to move-up, empty-nester, active-adult, age-qualified and second-home buyers in the United States. The Company also builds and sells homes in urban infill markets through Toll City Living community. The Company operates on own land development, architectural, engineering, mortgage, title, landscaping, security monitoring, lumber distribution, house component assembly, and manufacturing operations. The Company also develops, owns and operates golf courses and country clubs, which are associated with planned communities.

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