Taylor Morrison Home Corporation (TMHC) Receives Price Target

Taylor Morrison Home Corporation (TMHC) : Currently there are 4 street experts covering Taylor Morrison Home Corporation (TMHC) stock. The most bullish and bearish price target for the stock is $21 and $18 respectively for the short term. The average price target of all the analysts comes to $19.25. The estimated standard deviation from the target is $1.5.

Taylor Morrison Home Corporation (TMHC) : Zacks Investment Research ranks Taylor Morrison Home Corporation (TMHC) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 4 research analysts is 1.5, which indicates as a Strong Buy.


Also, Major Brokerage house, Deutsche Bank maintains its ratings on Taylor Morrison Home Corporation (NYSE:TMHC). In the latest research report, Deutsche Bank raises the target price from $20 per share to $21 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on August 9, 2016.

Taylor Morrison Home Corporation (NYSE:TMHC): The stock opened at $17.61 on Thursday but the bulls could not build on the opening and the stock topped out at $17.79 for the day. The stock traded down to $17.42 during the day, due to lack of any buying support eventually closed down at $17.57 with a loss of -0.40% for the day. The stock had closed at $17.64 on the previous day. The total traded volume was 232,443 shares.

Taylor Morrison Home Corporation (Taylor Morrison) is a real estate development company. Its business is organized into ten homebuilding operating divisions which are aggregated into two homebuilding segments, East and West, and a mortgage and financial services segment, Mortgage Operations. These segments are engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes, and providing warranty and customer service. It provides residential homebuilding and the development of lifestyle communities with operations geographically focused in Arizona, California, Colorado, Florida, and Texas. It operates under the Taylor Morrison and Darling Homes brand names in the United States. It provides financial services to customers through its wholly owned mortgage subsidiary, Taylor Morrison Home Funding, LLC (TMHF).

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