Lennar Corporation (LEN) : 10 analysts are covering Lennar Corporation (LEN) and their average rating on the stock is 2, which is read as a Buy. 4 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. Lennar Corporation (LEN) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. 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.
Lennar Corporation (LEN) : The consensus price target for Lennar Corporation (LEN) is $53.29 for the short term with a standard deviation of $3.3. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $60, however, the pessimist price target for the company is $49.
Lennar Corporation (NYSE:LEN): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $49.16 and $48.73 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $49.26. The buying momentum continued till the end and the stock did not give up its gains. It closed at $48.78, notching a gain of 0.06% for the day. The total traded volume was 1,695,816 . The stock had closed at $48.75 on the previous day.
Lennar Corporation is a real estate company. The Company is a homebuilder, a provider of real estate-related financial services, a commercial real estate investment, investment management and finance company. It operates under Homebuilding Operations, Lennar Financial Services, Rialto and Lennar Multifamily segments. It has grouped its homebuilding activities into five segments: Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida and Homebuilding Houston. Its homebuilding operations include the construction and sale of single-family attached and detached homes. Lennar Financial Services offers residential mortgage loan products to buyers of their homes and others. The Rialto segment is a commercial real estate investment, investment management and finance company. The Lennar Multifamily segment focuses on developing a portfolio of multifamily rental properties in select United States markets. It operates under brand name Lennar.