KB Home with ticker code (KBH) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 55 and 29 calculating the mean target price we have 40.25. With the stocks previous close at 36.83 this now indicates there is a potential upside of 9.3%. The 50 day moving average now sits at 32.34 and the 200 day MA is 30.87. The company has a market capitalisation of $3,108m. Company Website: https://www.kbhome.com
The potential market cap would be $3,396m 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 homesluding 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 provides 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.
