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Invitation Homes (INVH) Receives a Buy from RBC Capital

In a report issued on June 22, Brad Heffern from RBC Capital maintained a Buy rating on Invitation Homes (INVHResearch Report), with a price target of $40.00. The company’s shares closed last Friday at $35.51.

According to TipRanks.com, Heffern is ranked #231 out of 7911 analysts.

Invitation Homes has an analyst consensus of Strong Buy, with a price target consensus of $44.04, implying a 24.8% upside from current levels. In a report issued on June 22, Credit Suisse also maintained a Buy rating on the stock with a $40.00 price target.

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Invitation Homes’ market cap is currently $21.67B and has a P/E ratio of 90.24.

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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. The company was founded by Marcus Ridgway, Dallas Tanner, and Brad Greiwe in 2012 and is headquartered in Dallas, TX.

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