Jefferies analyst Omotayo Okusanya reiterated a Buy rating on Howard Hughes (NYSE: HHC) yesterday and set a price target of $171. The company’s shares closed yesterday at $142.24, close to its 52-week high of $142.36.
According to TipRanks.com, Okusanya is a 4-star analyst with an average return of 7.5% and a 60.8% success rate. Okusanya covers the Financial sector, focusing on stocks such as Easterly Government Properties, DCT Industrial Trust Inc, and Office Properties Trust.
Howard Hughes has an analyst consensus of Strong Buy, with a price target consensus of $157.
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Howard Hughes’ market cap is currently $6.11B and has a P/E ratio of 37.43. The company has a Price to Book ratio of 1.99.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is neutral on the stock.
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The Howard Hughes Corp. engages in the development of master planned communities (MPC) and mixed-used properties. It operates through the following segments: Master Planned Communities, Operating Assets, and Strategic Developments.
