KB Home with ticker code (KBH) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 73 and 38 and has a mean target at 57.77. Given that the stocks previous close was at 39.4 this is indicating there is a potential upside of 46.6%. The 50 day moving average now sits at 42.52 and the 200 moving average now moves to 42.35. The market cap for the company is $3,468m. Company Website: https://www.kbhome.com
The potential market cap would be $5,085m 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.
