tiprankstipranks
In this article:
Blurbs

Lennar (LEN) Receives a Buy from J.P. Morgan

In this article:
In this article:

J.P. Morgan analyst Michael Rehaut maintained a Buy rating on Lennar (LENResearch Report) on March 18 and set a price target of $108.00. The company’s shares closed last Monday at $88.22.

According to TipRanks.com, Rehaut is a 3-star analyst with an average return of 2.4% and a 51.9% success rate. Rehaut covers the Consumer Goods sector, focusing on stocks such as Stanley Black & Decker, Green Brick Partners, and Century Communities.

Currently, the analyst consensus on Lennar is a Moderate Buy with an average price target of $116.42, implying a 26.9% upside from current levels. In a report issued on March 18, UBS also maintained a Buy rating on the stock with a $154.00 price target.

See today’s best-performing stocks on TipRanks >>

The company has a one-year high of $117.54 and a one-year low of $79.52. Currently, Lennar has an average volume of 2.59M.

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.

Incorporated in 1954, Florida-based Lennar Corp. is a homebuilder company, which provides real estate related financial and investment management services. It operates through the following segments: Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other.

Read More on LEN:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed

In this article:

Latest News Feed