Barclays Keeps Their Hold Rating on PulteGroup (PHM)
In a report released yesterday, Matthew Bouley from Barclays maintained a Hold rating on PulteGroup (PHM), with a price target of $41.00. The company’s shares closed last Monday at $39.83, close to its 52-week high of $39.86.
According to TipRanks.com, Bouley is a 4-star analyst with an average return of 12.0% and a 65.5% success rate. Bouley covers the Industrial Goods sector, focusing on stocks such as Cornerstone Building Brands Inc, Continental Building Products, and Advanced Drainage Systems.
PulteGroup has an analyst consensus of Moderate Buy, with a price target consensus of $39.75, implying a -0.2% downside from current levels. In a report issued on October 22, Wedbush also maintained a Hold rating on the stock with a $36.00 price target.
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The company has a one-year high of $39.86 and a one-year low of $22.44. Currently, PulteGroup has an average volume of 3.33M.
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PulteGroup, Inc. engages in the homebuilding business. It is also involved in the mortgage banking, and title and insurance brokerage operations. It operates through the Homebuilding and Financial services business segments.