KB Home with ticker code (KBH) now have 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 60 and 24 with the average target price sitting at 39.93. Given that the stocks previous close was at 28.6 this would imply there is a potential upside of 39.6%. The 50 day MA is 31.95 and the 200 moving average now moves to 38.02. The market cap for the company is $2,453m. Visit the company website at: https://www.kbhome.com
The potential market cap would be $3,425m 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.
