Toll Brothers (TOL) Gets a Buy Rating from Raymond James


In a report released today, Paul Puryear from Raymond James maintained a Buy rating on Toll Brothers (NYSE: TOL), with a price target of $44. The company’s shares opened today at $37.29.

According to TipRanks.com, Puryear is a 5-star analyst with an average return of 11.3% and a 77.1% success rate. Puryear covers the Financial sector, focusing on stocks such as Four Corners Property Trust, Americold Realty Trust, and Agree Realty Corp.

Toll Brothers has an analyst consensus of Moderate Buy, with a price target consensus of $48.

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Based on Toll Brothers’ latest earnings release for the quarter ending July 31, the company reported a quarterly net profit of $193 million. In comparison, last year the company had a net profit of $149 million.

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Toll Brothers, Inc. engages in the design, building, marketing, and arranging of financing for detached and attached homes in residential communities. It operates through the Traditional Home Building and City Living segments.

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