RBC Capital analyst Wes Golladay maintained a Buy rating on Invitation Homes (INVH) on February 28 and set a price target of $31.00. The company’s shares closed last Monday at $29.80.
According to TipRanks.com, Golladay is a 5-star analyst with an average return of 9.3% and a 66.3% success rate. Golladay covers the Financial sector, focusing on stocks such as Retail Opportunity Investments, Essential Properties Realty, and Summit Hotel Properties.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Invitation Homes with a $32.86 average price target, which is a 9.9% upside from current levels. In a report issued on February 18, Wells Fargo also initiated coverage with a Buy rating on the stock with a $36.00 price target.
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Invitation Homes’ market cap is currently $16.15B and has a P/E ratio of 327.47. The company has a Price to Book ratio of 1.97.
Based on the recent corporate insider activity of 104 insiders, corporate insider sentiment is neutral on the stock.
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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.
