Realogy Holdings (RLGY) Receives Analyst Rating

Realogy Holdings (RLGY) : Zacks Investment Research ranks Realogy Holdings (RLGY) as 4, which is a Sell recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. The average broker rating of 7 research analysts is 1.29, which indicates as a Strong Buy.

Realogy Holdings (RLGY) : 5 Wall Street analysts covering Realogy Holdings (RLGY) believe that the average level the stock could reach for the short term is $37.5. The maximum price target given is $42 and the minimum target for short term is around $32, hence the standard deviation is calculated at $3.84.


Also, Brokerage firm Citigroup maintains its rating on Realogy Holdings (NYSE:RLGY). As per the latest information, the brokerage house lowers the price target to $43 per share from a prior target of $47. The shares have been rated Buy. The rating by the firm was issued on August 22, 2016.

Realogy Holdings (NYSE:RLGY): The stock was completely flat for the day, closing at $25.75 on Thursday. The flat closing masks the intraday volatility in the stock. After opening at $25.59, the stock touched an intraday high of $26.12 and a low of $25.49. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $25.75. The total trading volume on Thursday was 913,810.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.