In a report released today, Will Randow from Citigroup maintained a Buy rating on Meritage Corp (NYSE: MTH), with a price target of $55. The company’s shares closed yesterday at $44.45.
Randow has an average return of 1.0% when recommending Meritage Corp.
According to TipRanks.com, Randow is ranked #4038 out of 4829 analysts.
Meritage Corp has an analyst consensus of Moderate Buy, with a price target consensus of $52.67.
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The company has a one-year high of $55.50 and a one-year low of $38.80. Currently, Meritage Corp has an average volume of 354.3K.
Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is negative on the stock.
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Meritage Homes Corp. is a holding company, which engages in the development and sale of residential properties. It operates through two segments: Homebuilding and Financial Services. The Homebuilding segment acquires constructs and markets single-detached houses.
