Lennar Corporation found using ticker (LEN) now have 17 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 152 and 76 and has a mean target at 109. Given that the stocks previous close was at 96.74 this now indicates there is a potential upside of 12.7%. The 50 day MA is 97.32 and the 200 moving average now moves to 83.94. The company has a market capitalisation of $27,168m. Visit the company website at: https://www.lennar.com
The potential market cap would be $30,611m based on the market concensus.
Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company’s homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title, insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.
