Lennar Corporation with ticker code (LEN) have now 17 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 133 and 60 calculating the mean target price we have 91.65. With the stocks previous close at 76.54 this now indicates there is a potential upside of 19.7%. The 50 day moving average now sits at 80.86 and the 200 moving average now moves to 87.87. The market cap for the company is $22,126m. Visit the company website at: https://www.lennar.com
The potential market cap would be $26,494m 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.
