Barclays analyst Matthew Bouley maintained a Sell rating on Toll Brothers (NYSE: TOL) yesterday and set a price target of $37. The company’s shares closed yesterday at $36.35, close to its 52-week low of $33.47.
According to TipRanks.com, Bouley is a 1-star analyst with an average return of -4.0% and a 50.0% success rate. Bouley covers the Consumer Goods sector, focusing on stocks such as Taylor Morrison, Lennar Corp, and PulteGroup.
Toll Brothers has an analyst consensus of Moderate Buy, with a price target consensus of $41.25.
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.
Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock. Last month, Richard Braemer, a Director at TOL sold 15,000 shares for a total of $571,800.
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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.