KB Home with ticker code (KBH) now have 12 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 73 and 30 calculating the mean target price we have 51.25. With the stocks previous close at 33.18 this would imply there is a potential upside of 54.5%. The 50 day moving average now sits at 34.56 while the 200 day moving average is 39.88. The company has a market capitalisation of $2,737m. Visit the company website at: https://www.kbhome.com
The potential market cap would be $4,227m 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.