TRI Pointe Group (TPH) : The consensus on TRI Pointe Group (TPH) based on 7 analyst recommendation on the company stock is 1.29, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 5 which endorses a Strong Sell on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
TRI Pointe Group (TPH) stock is expected to deviate a maximum of $1.91 from the average target price of $14.92 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $17 and the most muted being $13.
For this week, the average consensus of the company shares are rated as a Strong Buy.
TRI Pointe Group (NYSE:TPH): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.00 and $12.89 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.06, notching a gain of 1.32% for the day. The total traded volume was 2,077,139 . The stock had closed at $12.89 on the previous day.
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.