KB Home with ticker code (KBH) now have 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 60 and 24 with the average target price sitting at 39.43. Given that the stocks previous close was at 31.37 this is indicating there is a potential upside of 25.7%. The 50 day moving average now sits at 31.04 and the 200 moving average now moves to 37.29. The company has a market capitalisation of $2,734m. You can visit the company’s website by visiting: https://www.kbhome.com
The potential market cap would be $3,437m based on the market concensus.
KB Home operates as a homebuilding company in the United States. It operates through four segments: West Coast, Southwest, Central, and Southeast. It builds and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, first move-up, second move-up, and active adult homebuyers. The company also offers financial services, such as insurance products and title services. It has operations in Arizona, California, Colorado, Florida, Nevada, North Carolina, Texas, and Washington. The company was formerly known as Kaufman and Broad Home Corporation and changed its name to KB Home in January 2001. KB Home was founded in 1957 and is headquartered in Los Angeles, California.
