Wells Fargo Maintains a Hold Rating on American Homes (AMH)


Wells Fargo analyst Jeffrey Donnelly maintained a Hold rating on American Homes (AMH) today. The company’s shares opened today at $22.63, close to its 52-week high of $23.34.

According to TipRanks.com, Donnelly is a 4-star analyst with an average return of 6.1% and a 72.1% success rate. Donnelly covers the Financial sector, focusing on stocks such as Apartment Investment & Management, Host Hotels & Resorts, and Camden Property Trust.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for American Homes with a $25 average price target.

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The company has a one-year high of $23.34 and a one-year low of $18.91. Currently, American Homes has an average volume of 2.11M.

Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

American Homes 4 Rent operates as a real estate investment trust. It engages in the acquisition, renovation, leasing, and operating single-family home as rental properties. The company was founded by Bradley Wayne Hughes, Sr. on October 19, 2012 and is headquartered in Agoura Hills, CA.

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