Lennar Corporation with ticker code (LEN) now have 16 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 133 and 60 and has a mean target at 89.25. Given that the stocks previous close was at 74.23 this now indicates there is a potential upside of 20.2%. The day 50 moving average is 81.55 and the 200 moving average now moves to 87.06. The company has a market capitalisation of $20,854m. Find out more information at: https://www.lennar.com
The potential market cap would be $25,074m 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.
