Citigroup Remains a Hold on PulteGroup (PHM)


In a report released today, Scott Schrier from Citigroup maintained a Hold rating on PulteGroup (NYSE: PHM), with a price target of $26. The company’s shares closed yesterday at $23.86, close to its 52-week low of $23.18.

According to TipRanks.com, Schrier is a 2-star analyst with an average return of 2.3% and a 30.8% success rate. Schrier covers the Consumer Goods sector, focusing on stocks such as Green Brick Partners, Lennar Corp, and Tri Pointe.

PulteGroup has an analyst consensus of Hold, with a price target consensus of $29.40.

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The company has a one-year high of $35.21 and a one-year low of $23.18. Currently, PulteGroup has an average volume of 4.65M.

Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock.

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PulteGroup, Inc. engages in the homebuilding business. It is also involved in the mortgage banking and title operations. It operates through the Homebuilding and Financial services business segments.

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