In a report released today, Buck Horne from Raymond James maintained a Buy rating on Invitation Homes Inc (NYSE: INVH), with a price target of $27. The company’s shares closed yesterday at $23.12.
According to TipRanks.com, Horne is a 3-star analyst with an average return of 3.0% and a 63.1% success rate. Horne covers the Financial sector, focusing on stocks such as Mid-America Apartment, Essex Property Trust, and Clipper Realty Inc.
Currently, the analyst consensus on Invitation Homes Inc is a Moderate Buy with an average price target of $26.50, implying a 14.6% upside from current levels. In a report issued on August 10, B.Riley FBR also reiterated a Buy rating on the stock with a $26 price target.
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The company has a one-year high of $24.30 and a one-year low of $20.25. Currently, Invitation Homes Inc has an average volume of 2.3M.
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Invitation Homes, Inc. engages in the acquisition, renovation, leasing, and operating single-family homes as rental properties, including single-family homes in planned unit developments. Its services include property management, selection of homes, maintenance program, and online payment.
